Discount Quiz with Answers

Rajesh Bhatia4 months ago 675 Views Join Examsbookapp store google play
NEW Discount Quiz with Answers

Welcome to our blog Discount Quiz with Answers. where we delve into the world of discounts and offer you an engaging way to test and enhance your understanding. Discounts play a crucial role in both consumer decision-making and business strategies, making it essential to grasp their concepts thoroughly. This Discount Quiz with Answers quiz is designed to challenge your knowledge while providing insightful answers to help you grasp the intricacies of discounts effectively.

Discount Quiz 

Within this Discount Quiz with Answers blog, you'll find a series of thought-provoking questions covering various aspects of discounts, from basic calculations to advanced strategies. Whether you're a student sharpening your math skills, a business owner seeking to optimize pricing strategies, or simply a curious individual eager to learn more, this quiz offers something for everyone.

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Discount Quiz with Answers

Q :  P and Q started a business investing Rs. 85,000 and Rs. 15,000 respectively. In what ratio the profit earned after 2 years be divided between P and Q respectively?

(A) 3 : 4

(B) 3 : 5

(C) 15 : 23

(D) 17 : 23

(E) None of these


Correct Answer : E
Explanation :

P:Q=85,000:15,000=17:3 will be answer but this answer is not available in option so that answer will be none of these.



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: 

(A) no loss no gain

(B) a loss of 5 %

(C) again of 1 %

(D) a loss of 1 %


Correct Answer : D

Q :  

A discount of   $$ 2{1\over 2}\% $$ is given to the customer on the marked price of an article. A man bought the article for Rs.39. The marked price of the article is:

(A) ₹ 42

(B) ₹ 36 . 5

(C) ₹ 40

(D) ₹ 41 . 5


Correct Answer : C

Q :  

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

(A) 20

(B) $$28{4 \over 7}$$

(C) 25

(D) $$28{3 \over 7}$$


Correct Answer : B

Q :  

A shopkeeper increases the price of an object by 40 % and then sells it at 25 % discount on the marked price. If the selling price of such an object be ₹ 2100, its cost price for the shopkeeper was? 

(A) 3000

(B) 1500

(C) 1750

(D) 2000


Correct Answer : D

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 

(A) 10.5 %

(B) 15%

(C) 9%

(D) 8.5%


Correct Answer : A

Q :  

With a 5 % discount on the cost of sugar, a buyer could purchase 2 kg. more sugar for ₹ 608. Original selling price of sugar is. 

(A) ₹ 15.50

(B) ₹ 15

(C) ₹ 16.50

(D) ₹ 16


Correct Answer : D

Q :  

If a person purchases a shirt, he gets 6 % discount. However, if he purchases two shirts, he gets 5 % on the first and 8 % on the second. If the price paid by the person for two shirts is ₹ 925, then what will be the marked price of each shirt? 

(A) ₹ 494

(B) ₹ 550

(C) ₹ 528

(D) ₹ 500


Correct Answer : A

Q :  

The cost price of an article is Rs. 800. After allowing a discount of 10 %, a gain of 12.5 % is made. Then the marked price of the article is 

(A) Rs. 1,000

(B) Rs.1,100

(C) Rs. 1,200

(D) Rs. 1,300


Correct Answer : A

Q :  

A shopkeeper allows 23 % commission on his advertised price and still makes a profit of 10 %. If he gains Rs.56 on one item, his advertised price of the item, in Rs. is 

(A) 820

(B) 780

(C) 790

(D) 800


Correct Answer : D

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    About author

    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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