Discount Practice Question and Answer

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)

1065 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:

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  

1059 0

  • 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:

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

1051 0

  • 1
    15%
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 4. "None of these "

Q:

If two numbers are respectively 20% and 50% of a third number, what is the percentage of the first number to the second?

1037 0

  • 1
    10
    Correct
    Wrong
  • 2
    20
    Correct
    Wrong
  • 3
    30
    Correct
    Wrong
  • 4
    40
    Correct
    Wrong
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Answer : 4. "40"

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:

1014 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:

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?

1012 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:

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

1006 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 "

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? 

1004 0

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

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