Discount Practice Question and Answer

Q:

A shopkeeper gives 12 percent additional discount along with a discount of 20 percent on the marked price of a radio. If the selling price of the radio is ₹ 704, the marked price is  

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  • 1
    ₹ 1,044.80
    Correct
    Wrong
  • 2
    ₹ 1,000
    Correct
    Wrong
  • 3
    ₹ 844.80
    Correct
    Wrong
  • 4
    ₹ 929.28
    Correct
    Wrong
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Answer : 2. "₹ 1,000"

Q:

The marked price of an article is ₹ 100. A discount series of 5%, 10% successively reduces the price of an article by 

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  • 1
    ₹ 24.5
    Correct
    Wrong
  • 2
    ₹ 4.5
    Correct
    Wrong
  • 3
    ₹ 14.5
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "₹ 14.5 "

Q:

If on a marked price the difference of selling prices with a discount of 30% and two successive discounts of 20% and 10% is 72, then the marked price (in rupees) is  

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  • 1
    3,600
    Correct
    Wrong
  • 2
    3,000
    Correct
    Wrong
  • 3
    2,500
    Correct
    Wrong
  • 4
    2,400
    Correct
    Wrong
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Answer : 1. "3,600"
Explanation :

Q:

Allowing 20 % and 15 % successive discounts, the selling price of an article becomes ₹ 3,060; then the marked price will be: 

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  • 1
    ₹ 4,500
    Correct
    Wrong
  • 2
    ₹ 4,000
    Correct
    Wrong
  • 3
    ₹ 4,400
    Correct
    Wrong
  • 4
    ₹ 5,000
    Correct
    Wrong
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Answer : 1. "₹ 4,500 "

Q:

A machine is marked at ₹ 6,800 and available at a discount of 10%. The shopkeeper gives another off-season discount to the buyer and sells the machine for ₹ 5,202.  Find the offseason discount. 

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

Q:

The Banker's discount on a bill due 6 months hence at 16% per annum is ₹ 216. The true discount is: 

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  • 1
    ₹ 210
    Correct
    Wrong
  • 2
    ₹ 200
    Correct
    Wrong
  • 3
    ₹ 212
    Correct
    Wrong
  • 4
    ₹ 180
    Correct
    Wrong
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Answer : 2. "₹ 200"

Q:

A dealer marks his goods at such a price that after allowing a discount of 12.5% for cash payment, he makes a profit of 20%. What is the marked price (in rupees) of the article which costs him Rs. 210?

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  • 1
    285
    Correct
    Wrong
  • 2
    388
    Correct
    Wrong
  • 3
    385
    Correct
    Wrong
  • 4
    288
    Correct
    Wrong
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Answer : 4. "288"

Q:

If a merchant offers a discount of 40% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up? (Answer in Percent)

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  • 1
    66.66
    Correct
    Wrong
  • 2
    58.33
    Correct
    Wrong
  • 3
    28.57
    Correct
    Wrong
  • 4
    40
    Correct
    Wrong
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Answer : 1. "66.66 "

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