Discount Practice Question and Answer
8 Q: A trader allows a trade discount of 20% and a cash discount of $$6{1\over4}\%$$ 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?
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641027b8df653d9ac23a2502- 140%false
- 250%false
- 360%true
- 470%false
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Answer : 3. "60%"
Q: Sujata marks the marked price of an article at 36% above the cost price and allows 40% discount on the marked price then what is the loss percentage?
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63182fd72d4ba278b6660ddf- 115false
- 216.8false
- 318.4true
- 44false
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Answer : 3. "18.4"
Q: The price that Akbar should marks on a pair of shoes which costs him 1,200 to gain 12% after allowing a discount of 16% (in rupees) is-
1151 064102576df653d9ac23a213a
64102576df653d9ac23a213a- 11,344false
- 21,433false
- 31,600true
- 41,500false
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Answer : 3. "1,600"
Q: A company offers three types of successive discounts: (i) 25% and 15%, (ii) 30% and 10%, (iii) 35% and 5%. Which offer is the best for a customer?
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624d55f067b2505d7e56f709- 1First offerfalse
- 2Second offerfalse
- 3Third offertrue
- 4Any one; all are equally goodfalse
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Answer : 3. "Third offer "
Explanation :

Q: Applied to a bill for ₹ 1,00,000 the difference between a discount of 40% and two successive discounts of 36% and 4% is:
1143 0624d4deebadeb679cf085570
624d4deebadeb679cf085570- 1₹ 2,500false
- 2₹ 4,000false
- 3₹ 1,500false
- 4₹ 1,440true
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Answer : 4. "₹ 1,440 "
Explanation :

Q: An article is listed at ₹ 7,600 and the discount offered unit is 10%. What additional discount must be given to bring the net selling price to ₹5,814?
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64ccd955047511ce00801355- 18%false
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Answer : 4. "15%"
Q: The marked price of one pen is '₹x'. The selling price of one packet of 'x' pens, after a discount of 15%, ₹1360. What is the value of 'x'?
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6433b75adcb650c14588095a- 120false
- 240true
- 330false
- 445false
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Answer : 2. "40"
Q: Successive discounts of 10% and 10% are equivalent to a single discount of:
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649e816f46047484bc7dbb88- 118%false
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