Discount Practice Question and Answer

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 fan s listed at ₹ 150 with a discount of 20%. What additional discount must be offered to the customer to bring the net price to ₹ 108

1312 0

  • 1
    15%
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    $$11{1\over 9}\%$$
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these "

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?

1310 0

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

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)

1309 0

  • 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 "

Q:

A dealer buys an article marked at ₹ 25,000 with 20 % and 5% off. He spends 1,000 for its repair and sells it for ₹ 25,000 what is his gain or loss percent? 

1305 0

  • 1
    Gain of 10 %
    Correct
    Wrong
  • 2
    Loss of 10 %
    Correct
    Wrong
  • 3
    Loss of 25 %
    Correct
    Wrong
  • 4
    Gain of 25 %
    Correct
    Wrong
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Answer : 4. "Gain of 25 % "

Q:

How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price? 

1287 0

  • 1
    60%
    Correct
    Wrong
  • 2
    45%
    Correct
    Wrong
  • 3
    50%
    Correct
    Wrong
  • 4
    40%
    Correct
    Wrong
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Answer : 3. "50% "

Q:

A dealer marks an article 40% above the cost price and sells it to a customer, allowing two successive discounts of 20% and 25% on the marked price. If he suffers a loss of Rs.140, then the cost price (in Rs.) of the article is:

1282 0

  • 1
    840
    Correct
    Wrong
  • 2
    872
    Correct
    Wrong
  • 3
    900
    Correct
    Wrong
  • 4
    875
    Correct
    Wrong
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Answer : 4. "875"

Q:

The selling price of an article is Rs. 1920 and the discount given is 4%. The market price of the article is -

1257 0

  • 1
    Rs.1600
    Correct
    Wrong
  • 2
    Rs.1200
    Correct
    Wrong
  • 3
    Rs.2400
    Correct
    Wrong
  • 4
    Rs. 2000
    Correct
    Wrong
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Answer : 4. "Rs. 2000 "

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