Discount Practice Question and Answer

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 1490 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: The list price of a clock is Rs 160. A customer buys it for Rs. 122.40 after two successive discount. If first discount is 10% the second is 2401 1

  • 1
    10%
    Correct
    Wrong
  • 2
    12%
    Correct
    Wrong
  • 3
    15%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
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Answer : 3. " 15%"

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? 1564 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 1883 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 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 : 1103 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: 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 ? 1450 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 1479 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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