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)

1540 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:

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

1536 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:

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?

1534 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?

1527 0

  • 1
    20
    Correct
    Wrong
  • 2
    25
    Correct
    Wrong
  • 3
    $${200\over7}$$
    Correct
    Wrong
  • 4
    $${185\over3}$$
    Correct
    Wrong
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Answer : 3. "$${200\over7}$$"

Q:

The difference between B a discount of 30% on ₹2,000 and two successive discounts of 25% and 5% on the same amount is 

1449 0

  • 1
    ₹30
    Correct
    Wrong
  • 2
    ₹35
    Correct
    Wrong
  • 3
    ₹25
    Correct
    Wrong
  • 4
    ₹40
    Correct
    Wrong
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Answer : 3. "₹25"
Explanation :

Q:

Giving two successive discount of 25 % at a article is equal to giving one discount of ___%.

1448 0

  • 1
    56.25
    Correct
    Wrong
  • 2
    50
    Correct
    Wrong
  • 3
    43.75
    Correct
    Wrong
  • 4
    45
    Correct
    Wrong
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Answer : 3. "43.75"

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?  

1441 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:

The equivalent single discount for two successive discounts of 15% and 10% is

1425 0

  • 1
    23.5%
    Correct
    Wrong
  • 2
    20.5%
    Correct
    Wrong
  • 3
    25%
    Correct
    Wrong
  • 4
    20%
    Correct
    Wrong
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Answer : 1. "23.5% "
Explanation :

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