Discount Practice Question and Answer

Q:

The marked price of an article is 10 % higher than cost price. A discount of 10 % is given on marked price. In this kind of sale, the seller bears: 

1316 0

  • 1
    no loss no gain
    Correct
    Wrong
  • 2
    a loss of 5 %
    Correct
    Wrong
  • 3
    again of 1 %
    Correct
    Wrong
  • 4
    a loss of 1 %
    Correct
    Wrong
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Answer : 4. "a loss of 1 % "

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 : 1105 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: 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 1491 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 discount of 15 % on one article is the same as discount of 20% on a second article. The costs of the two articles can be:

1002 0

  • 1
    ₹85, ₹ 60
    Correct
    Wrong
  • 2
    ₹ 60, ₹40
    Correct
    Wrong
  • 3
    ₹40, ₹20
    Correct
    Wrong
  • 4
    ₹ 80, ₹ 60
    Correct
    Wrong
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Answer : 4. "₹ 80, ₹ 60"

Q: If the true discount on sum due 2 years hence at 14% per annum be Rs. 168, the sum due is ? 5794 7

  • 1
    Rs.948
    Correct
    Wrong
  • 2
    Rs.876
    Correct
    Wrong
  • 3
    Rs.768
    Correct
    Wrong
  • 4
    Rs.658
    Correct
    Wrong
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Answer : 3. "Rs.768"
Explanation :

Answer: C) Rs.768 Explanation: P.W. = 100×T.DR×T = 100×16814×2 = 600. Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.

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 ? 1452 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: 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 1480 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 bookseller allowed 10 % discount on printed price. He gets 30 % commission from publisher. His profit in percent will be 

1128 0

  • 1
    20
    Correct
    Wrong
  • 2
    $$28{4 \over 7}$$
    Correct
    Wrong
  • 3
    25
    Correct
    Wrong
  • 4
    $$28{3 \over 7}$$
    Correct
    Wrong
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Answer : 2. "$$28{4 \over 7}$$"

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