Discount Practice Question and Answer

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? 

1171 0

  • 1
    40%
    Correct
    Wrong
  • 2
    50%
    Correct
    Wrong
  • 3
    60%
    Correct
    Wrong
  • 4
    70%
    Correct
    Wrong
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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?

1158 0

  • 1
    15
    Correct
    Wrong
  • 2
    16.8
    Correct
    Wrong
  • 3
    18.4
    Correct
    Wrong
  • 4
    4
    Correct
    Wrong
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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 0

  • 1
    1,344
    Correct
    Wrong
  • 2
    1,433
    Correct
    Wrong
  • 3
    1,600
    Correct
    Wrong
  • 4
    1,500
    Correct
    Wrong
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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?

1145 0

  • 1
    First offer
    Correct
    Wrong
  • 2
    Second offer
    Correct
    Wrong
  • 3
    Third offer
    Correct
    Wrong
  • 4
    Any one; all are equally good
    Correct
    Wrong
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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 0

  • 1
    ₹ 2,500
    Correct
    Wrong
  • 2
    ₹ 4,000
    Correct
    Wrong
  • 3
    ₹ 1,500
    Correct
    Wrong
  • 4
    ₹ 1,440
    Correct
    Wrong
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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?

1138 0

  • 1
    8%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    12%
    Correct
    Wrong
  • 4
    15%
    Correct
    Wrong
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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'?

1129 1

  • 1
    20
    Correct
    Wrong
  • 2
    40
    Correct
    Wrong
  • 3
    30
    Correct
    Wrong
  • 4
    45
    Correct
    Wrong
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Answer : 2. "40"

Q:

Successive discounts of 10% and 10% are equivalent to a single discount of:

1127 0

  • 1
    18%
    Correct
    Wrong
  • 2
    19%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    21%
    Correct
    Wrong
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Answer : 2. "19%"

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