Discount Questions Practice Question and Answer

Q: A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer now to bring the net price to Rs 1104 ? 1491 1

  • 1
    8%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    12%
    Correct
    Wrong
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Answer : 1. " 8%"
Explanation :

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Q: A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article whose marked price is Rs. 880, is 1512 1

  • 1
    Rs. 704
    Correct
    Wrong
  • 2
    Rs. 640
    Correct
    Wrong
  • 3
    Rs. 774
    Correct
    Wrong
  • 4
    Rs. 680
    Correct
    Wrong
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Answer : 2. " Rs. 640"
Explanation :

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Q: A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs. 800, then the cost price of the article is : 1133 1

  • 1
    Rs. 900
    Correct
    Wrong
  • 2
    Rs. 800
    Correct
    Wrong
  • 3
    Rs. 700
    Correct
    Wrong
  • 4
    Rs. 600
    Correct
    Wrong
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Answer : 4. " Rs. 600"
Explanation :

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Q: The marked price of an article is Rs. 200. A discount of $$12{1\over2}\%$$ is allowed on the marked price and a profit of 25% is made. The cost price of the article is 1505 1

  • 1
    Rs 200
    Correct
    Wrong
  • 2
    Rs 175
    Correct
    Wrong
  • 3
    Rs 120
    Correct
    Wrong
  • 4
    Rs 140
    Correct
    Wrong
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Answer : 4. " Rs 140"
Explanation :

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Q: A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1% on the marked price, what is the profit percent? 1586 0

  • 1
    9%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    $$10{1\over9}\%$$
    Correct
    Wrong
  • 4
    11%
    Correct
    Wrong
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Answer : 2. "10%"
Explanation :

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Q:

For salaried parsons, standard deduction for Income tax is being raised from current Rs 40000 to Rs 50000. By how much percent standard deduction is increased ?

1572 1

  • 1
    32%
    Correct
    Wrong
  • 2
    40%
    Correct
    Wrong
  • 3
    25%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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Answer : 3. "25%"

Q:

A shopkeeper allows 23 % commission on his advertised price and still makes a profit of 10 %. If he gains Rs.56 on one item, his advertised price of the item, in Rs. is 

1084 0

  • 1
    820
    Correct
    Wrong
  • 2
    780
    Correct
    Wrong
  • 3
    790
    Correct
    Wrong
  • 4
    800
    Correct
    Wrong
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Answer : 4. "800"

Q:

The cost price of an article is Rs. 800. After allowing a discount of 10 %, a gain of 12.5 % is made. Then the marked price of the article is 

1282 0

  • 1
    Rs. 1,000
    Correct
    Wrong
  • 2
    Rs.1,100
    Correct
    Wrong
  • 3
    Rs. 1,200
    Correct
    Wrong
  • 4
    Rs. 1,300
    Correct
    Wrong
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Answer : 1. "Rs. 1,000 "

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