Discount Practice Question and Answer

Q:

An article listed at 800 is sold at successive discounts of 25 % and 15 %. The buyer desires to sell it off at a profit of 20 % after allowing a 10 % discount. What would be his list price?

1295 0

  • 1
    ₹ 640
    Correct
    Wrong
  • 2
    ₹ 680
    Correct
    Wrong
  • 3
    ₹ 620
    Correct
    Wrong
  • 4
    ₹ 600
    Correct
    Wrong
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Answer : 2. "₹ 680 "
Explanation :

Q:

A shopkeeper sells at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be his new profit percent? 

1293 0

  • 1
    35%
    Correct
    Wrong
  • 2
    40%
    Correct
    Wrong
  • 3
    20%
    Correct
    Wrong
  • 4
    30%
    Correct
    Wrong
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Answer : 3. "20% "

Q:

A shopkeeper allows 23 % commission on his advertised price and still makes a profit of 10 %. If he gains Rs.56 on one item, his advertised price of the item, in Rs. is 

1285 0

  • 1
    820
    Correct
    Wrong
  • 2
    780
    Correct
    Wrong
  • 3
    790
    Correct
    Wrong
  • 4
    800
    Correct
    Wrong
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Answer : 4. "800"

Q:

A tradesman allows a discount of 15 % on the marked price. How much above the cost price must he mark his goods as to gain 19 %? 

1250 0

  • 1
    25%
    Correct
    Wrong
  • 2
    30%
    Correct
    Wrong
  • 3
    34%
    Correct
    Wrong
  • 4
    40%
    Correct
    Wrong
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Answer : 4. "40% "

Q:

Alex sold his goods after announcing two successive discounts of 30% each. The effective discount altogether is-

1236 0

  • 1
    52%
    Correct
    Wrong
  • 2
    49%
    Correct
    Wrong
  • 3
    50%
    Correct
    Wrong
  • 4
    51%
    Correct
    Wrong
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Answer : 4. "51%"
Explanation :

Q:

A double bed is marked at Rs. 7500. The shopkeeper allows successive discounts of 8%, 5% and 2% on it. What is the Net selling price?

1235 0

  • 1
    Rs. 18775.26
    Correct
    Wrong
  • 2
    Rs. 8525.50
    Correct
    Wrong
  • 3
    Rs. 6452.05
    Correct
    Wrong
  • 4
    Rs. 6423.90
    Correct
    Wrong
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Answer : 4. "Rs. 6423.90"

Q:

While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be: 

1219 0

  • 1
    40%
    Correct
    Wrong
  • 2
    Correct
    Wrong
  • 3
    30%
    Correct
    Wrong
  • 4
    Correct
    Wrong
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Answer : 2. " "
Explanation :

Q:

If one shirt is offered on the purchase of 4 shirts. Find the net discount.

1211 0

  • 1
    15 %
    Correct
    Wrong
  • 2
    20 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    Correct
    Wrong
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Answer : 2. "20 %"

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