Discount Practice Question and Answer

Q:

While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be: 

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

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 "

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:

A shopkeeper gives 12 percent additional discount along with a discount of 20 percent on the marked price of a radio. If the selling price of the radio is ₹ 704, the marked price is  

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  • 1
    ₹ 1,044.80
    Correct
    Wrong
  • 2
    ₹ 1,000
    Correct
    Wrong
  • 3
    ₹ 844.80
    Correct
    Wrong
  • 4
    ₹ 929.28
    Correct
    Wrong
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Answer : 2. "₹ 1,000"

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
    Correct
    Wrong
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Answer : 2. "20 %"

Q:

A dealer marks his goods at such a price that after allowing a discount of 12.5% for cash payment, he makes a profit of 20%. What is the marked price (in rupees) of the article which costs him Rs. 210?

1062 0

  • 1
    285
    Correct
    Wrong
  • 2
    388
    Correct
    Wrong
  • 3
    385
    Correct
    Wrong
  • 4
    288
    Correct
    Wrong
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Answer : 4. "288"

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 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 "

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