Discount Questions Practice Question and Answer

Q:

A trader marked his goods at 20 % above the cost price. He sold half the stock at the marked price. one quarter at a discount of 20 % on the marked price and the rest at a discount of 40 % on the marked price. His total gain is 

1284 0

  • 1
    2 %
    Correct
    Wrong
  • 2
    4.5 %
    Correct
    Wrong
  • 3
    13.5 %
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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Answer : 1. "2 % "

Q:

A shop keeper purchased a chair marked at ₹ 800, at two successive discounts of 10 % and 15% respectively. He spent ₹ 28 on transportation and sold the chair for ₹ 800. His gain percent is: 

1192 0

  • 1
    40 %
    Correct
    Wrong
  • 2
    30 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    14 %
    Correct
    Wrong
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Answer : 3. "25 % "
Explanation :

Q: The marked price of a watch is Rs 1000. A retailer buys it at Rs. 810 after getting two successive discounts of 10% and another rate which is illegible. What is the second discount rate ? 1465 0

  • 1
    15%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    8%
    Correct
    Wrong
  • 4
    6.5%
    Correct
    Wrong
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Answer : 2. " 10%"
Explanation :

Q:

A discount of   $$ 2{1\over 2}\% $$ is given to the customer on the marked price of an article. A man bought the article for Rs.39. The marked price of the article is:

2113 0

  • 1
    ₹ 42
    Correct
    Wrong
  • 2
    ₹ 36 . 5
    Correct
    Wrong
  • 3
    ₹ 40
    Correct
    Wrong
  • 4
    ₹ 41 . 5
    Correct
    Wrong
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Answer : 3. "₹ 40 "

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? 1579 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: The equivalent single discount for two successive discount of 15% and 10% is 1901 1

  • 1
    25%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    23.5%
    Correct
    Wrong
  • 4
    20.85%
    Correct
    Wrong
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Answer : 3. " 23.5%"
Explanation :

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 1506 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 is selling an article at a discount of 5 % on the marked price. If the marked price is 12% above the cost price and the article was sold for ₹ 532 then the cost price is (in ₹)

970 0

  • 1
    500
    Correct
    Wrong
  • 2
    525
    Correct
    Wrong
  • 3
    505
    Correct
    Wrong
  • 4
    520
    Correct
    Wrong
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Answer : 1. "500 "

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