Discount Practice Question and Answer

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? 

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

Q:

Rahim bought a T.V. with 20% discount on list price. Had he bought it with 25% discount he would have saved ₹ 500. At what price did he buy the T.V?  

995 0

  • 1
    ₹ 10,000
    Correct
    Wrong
  • 2
    ₹ 8,000
    Correct
    Wrong
  • 3
    ₹ 16,000
    Correct
    Wrong
  • 4
    ₹ 12,000
    Correct
    Wrong
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Answer : 2. "₹ 8,000"

Q:

A shopkeeper offers 10% discount on every   purchase of an article. It also offers an additional discount of 12%. If the payment is made in cash. If the original price of an item is Rs. 250, how  much a customer will pay. If he wants to pay the price in cash?

983 0

  • 1
    Rs.180
    Correct
    Wrong
  • 2
    Rs. 192
    Correct
    Wrong
  • 3
    Rs.198
    Correct
    Wrong
  • 4
    Rs. 195
    Correct
    Wrong
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Answer : 3. "Rs.198"

Q:

An article seller allows a discount of 10% on the marked price. He gets 30% commission from the publisher. What will be his profit percentage?

967 0

  • 1
    20
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    Correct
    Wrong
  • 4
    Correct
    Wrong
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Answer : 3. ""

Q:

The single discount which is equivalent to three successive discounts of 25%, 20% and 10% is-

961 0

  • 1
    46%
    Correct
    Wrong
  • 2
    45%
    Correct
    Wrong
  • 3
    55%
    Correct
    Wrong
  • 4
    54%
    Correct
    Wrong
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Answer : 1. "46%"

Q:

The marked price of a watch was ₹ 720. A man bought the same for   ₹  550.80 after getting two successive discounts. the first being 10 %. then the second discount rate is 

958 0

  • 1
    15%
    Correct
    Wrong
  • 2
    18%
    Correct
    Wrong
  • 3
    12%
    Correct
    Wrong
  • 4
    14%
    Correct
    Wrong
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Answer : 1. "15% "
Explanation :

Q:

A single discount equivalent to two successive discounts of and 20% is

946 0

  • 1
    30 %
    Correct
    Wrong
  • 2
    33 %
    Correct
    Wrong
  • 3
    Correct
    Wrong
  • 4
    32 %
    Correct
    Wrong
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Answer : 1. "30 %"

Q:

A trader allows a trade of 20% and a cash discount of % on the marked price of the goods and gets a net gain of 20% of the cost. By how much above the cost should the goods be marked for the sale? 

926 0

  • 1
    60%
    Correct
    Wrong
  • 2
    70%
    Correct
    Wrong
  • 3
    40%
    Correct
    Wrong
  • 4
    50%
    Correct
    Wrong
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Answer : 1. "60% "

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