Discount Questions Practice Question and Answer

Q:

The marked price of an article is ₹ 100. A discount series of 5%, 10% successively reduces the price of an article by 

956 0

  • 1
    ₹ 24.5
    Correct
    Wrong
  • 2
    ₹ 4.5
    Correct
    Wrong
  • 3
    ₹ 14.5
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "₹ 14.5 "

Q:

The Banker's discount on a bill due 6 months hence at 16% per annum is ₹ 216. The true discount is: 

972 0

  • 1
    ₹ 210
    Correct
    Wrong
  • 2
    ₹ 200
    Correct
    Wrong
  • 3
    ₹ 212
    Correct
    Wrong
  • 4
    ₹ 180
    Correct
    Wrong
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Answer : 2. "₹ 200"

Q:

During a month-long annual sale, a shopkeeper sells his goods at a discount of 50%. But in the last week, he offers an additional discount of 40%. If the original price of a shirt is ₹ x, then the price (in rupees) during the last week of the sale will be 

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  • 1
    30 % of x
    Correct
    Wrong
  • 2
    10 % of x
    Correct
    Wrong
  • 3
    90 % of x
    Correct
    Wrong
  • 4
    70 % of x
    Correct
    Wrong
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Answer : 1. "30 % of x "

Q:

Arvind purchased a wrist watch with 30% discount on the labelled price. He sold it with 40 % profit on the price he bought, what was his percent loss on the labelled price? 

1234 0

  • 1
    4
    Correct
    Wrong
  • 2
    8
    Correct
    Wrong
  • 3
    2
    Correct
    Wrong
  • 4
    6
    Correct
    Wrong
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Answer : 3. "2 "

Q:

A fan s listed at ₹ 150 with a discount of 20%. What additional discount must be offered to the customer to bring the net price to ₹ 108

875 0

  • 1
    15%
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    $$11{1\over 9}\%$$
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these "

Q:

A trader allows a trade of 20% and a cash discount of $$6{1\over 4}\%$$% on the marked price of the goods and gets a net gain of 20% of the cost. By how much above the cost should the goods be marked for the sale? 

807 0

  • 1
    60%
    Correct
    Wrong
  • 2
    70%
    Correct
    Wrong
  • 3
    40%
    Correct
    Wrong
  • 4
    50%
    Correct
    Wrong
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Answer : 1. "60% "

Q:

How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price? 

870 0

  • 1
    60%
    Correct
    Wrong
  • 2
    45%
    Correct
    Wrong
  • 3
    50%
    Correct
    Wrong
  • 4
    40%
    Correct
    Wrong
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Answer : 3. "50% "

Q:

A shopkeeper list the price of an article as ₹ 500. But he gives a certain discount which allows the buyer to pay ₹ 500 for the article including 10% sales tax. The rate of discount is 

1046 0

  • 1
    $$9{1\over 11}\%$$
    Correct
    Wrong
  • 2
    11%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    $$10{1\over 11}\%$$
    Correct
    Wrong
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Answer : 1. "$$9{1\over 11}\%$$"

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