Discount Practice Question and Answer

Q:

A dealer buys an article marked at ₹ 25,000 with 20 % and 5% off. He spends 1,000 for its repair and sells it for ₹ 25,000 what is his gain or loss percent? 

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  • 1
    Gain of 10 %
    Correct
    Wrong
  • 2
    Loss of 10 %
    Correct
    Wrong
  • 3
    Loss of 25 %
    Correct
    Wrong
  • 4
    Gain of 25 %
    Correct
    Wrong
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Answer : 4. "Gain of 25 % "

Q:

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

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

Q:

The marked Price of a television is Rs. 12,000 and the shopkeeper gives 5 percent discount on it. So what is its selling price

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  • 1
    Rs. 600
    Correct
    Wrong
  • 2
    Rs. 11,400
    Correct
    Wrong
  • 3
    Rs. 800
    Correct
    Wrong
  • 4
    Rs. 11,200
    Correct
    Wrong
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Answer : 2. "Rs. 11,400 "

Q:

A seller marks his goods 30 % above their cost price but allows 15 % discount for cash payment. His percentage of profit when sold in cash is 

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  • 1
    10.5 %
    Correct
    Wrong
  • 2
    15%
    Correct
    Wrong
  • 3
    9%
    Correct
    Wrong
  • 4
    8.5%
    Correct
    Wrong
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Answer : 1. "10.5 % "

Q:

A shopkeeper allows a discount of 10% on the marked price of an item but charges a sales tax of 8% on the discounted price. If the customer pays ₹ 3,402 as the price including the sales tax, then the marked price is 

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  • 1
    ₹ 3,600
    Correct
    Wrong
  • 2
    ₹ 3,800
    Correct
    Wrong
  • 3
    ₹ 3,400
    Correct
    Wrong
  • 4
    ₹ 3,500
    Correct
    Wrong
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Answer : 4. "₹ 3,500 "

Q:

If one shirt is offered on the purchase of 4 shirts. Find the net discount.

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  • 1
    15 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    $$ 33{1\over3}\%$$
    Correct
    Wrong
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Answer : 2. "20 %"

Q:

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

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  • 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:

Two successive discounts of 40% and 20%, respectively, on the marked price of an article are equal to single discount of Rs 988. The marked price (in Rs) of the article is:

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  • 1
    1,900
    Correct
    Wrong
  • 2
    2,200
    Correct
    Wrong
  • 3
    2,470
    Correct
    Wrong
  • 4
    2,070
    Correct
    Wrong
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Answer : 1. "1,900 "

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