Discount Practice Question and Answer

Q:

Rita bought a television set with 20% discount on the labeled price. She made a profit of Rs. 800 by selling it for Rs. 16,800. The labeled price of the set was 

1547 0

  • 1
    Rs.20,800
    Correct
    Wrong
  • 2
    Rs.24,000
    Correct
    Wrong
  • 3
    Rs.18,000
    Correct
    Wrong
  • 4
    Rs.20,000
    Correct
    Wrong
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Answer : 4. "Rs.20,000 "

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? 1566 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 ?

1548 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: 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 ? 1453 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 1481 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. "$$28{4 \over 7}$$"

Q:

A shopkeeper marked the article 30 % above the cost price. And he gives a discount of 20 % on the M.R.P. find his profit percentage?

855 0

  • 1
    15
    Correct
    Wrong
  • 2
    10
    Correct
    Wrong
  • 3
    6
    Correct
    Wrong
  • 4
    4
    Correct
    Wrong
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Answer : 4. "4"

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