Discount Quiz with Answers

NEW Discount Quiz with Answers
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 ?

(A) 32%

(B) 40%

(C) 25%

(D) 15%


Correct Answer : C

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?

(A) 9%

(B) 10%

(C) $$10{1\over9}\%$$

(D) 11%


Correct Answer : B

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

(A) Rs 200

(B) Rs 175

(C) Rs 120

(D) Rs 140


Correct Answer : D

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 :

(A) Rs. 900

(B) Rs. 800

(C) Rs. 700

(D) Rs. 600


Correct Answer : D

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

(A) Rs. 704

(B) Rs. 640

(C) Rs. 774

(D) Rs. 680


Correct Answer : B

Q :  A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer now to bring the net price to Rs 1104 ?

(A) 8%

(B) 10%

(C) 15%

(D) 12%


Correct Answer : A

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:

(A) ₹85, ₹ 60

(B) ₹ 60, ₹40

(C) ₹40, ₹20

(D) ₹ 80, ₹ 60


Correct Answer : D

Q :  

A dealer is selling an article at a discount of 5 % on the marked price. If the marked price is 12% above the cost price and the article was sold for ₹ 532 then the cost price is (in ₹)

(A) 500

(B) 525

(C) 505

(D) 520


Correct Answer : A

Q :  

Marked price of an item is Rs 200. On purchase of 1 item discount is 22 % on purchase of 4 items discount is 33 % Rabia buys 5 items, what is the effective discount? 

(A) 35%

(B) 30.8%

(C) 34%

(D) 20.4%


Correct Answer : B

Q :  

Ticket for an adult is Rs 1600 and a child is Rs. 600.  1 child goes free with two adults. If a group has 17 adults and 7 children what is the discount the group gets? 

(A) 13.3 %

(B) 26.2 %

(C) 24.41 %

(D) 32.2 %


Correct Answer : A

Showing page 2 of 3

    Choose from these tabs.

    You may also like

    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/.

    Read more articles

      Report Error: Discount Quiz with Answers

    Please Enter Message
    Error Reported Successfully