428 + Mcqs in Discount Page 6 McqOptions

251.	A shopkeeper offers 15% discount on all plastic toys. He offers a further discount of 4% on the reduced price to those customers who pay cash. What does a customer have to pay (in Rs.) in cash for a toy of Rs 200?
A.	133.7
B.	129.8
C.	163.2
D.	153.3
Answer» D. 153.3

Discussion

252.	The list price of an electric fan is Rs. 300. If two successive discounts of 15% and 10% are
A.	Rs. 227.50
B.	Rs. 225
C.	Rs. 230
D.	Rs. 229.50
Answer» E.

Discussion

253.	The single discount equal to three consecutive discounts of 10%, 12% and 5% is
A.	26.27%
B.	24.76%
C.	9%
D.	11%
Answer» C. 9%

Discussion

254.	The marked price of a piano was 15,000. At the time of sale, there were successive discounts of 20%, 10% and 10% respectively on it. The sale price was
A.	9,720
B.	9,750
C.	9,760
D.	9,780
Answer» B. 9,750

Discussion

255.	The marked price of a toy is 60 and at a discount that was sold for 45. Then rate of discount allowed is
A.	30%
B.	35%
C.	20%
D.	25%
Answer» E.

Discussion

256.	The price of a certain television set is discounted by 10% and the reduced price is then discounted by 10%. This series of successive discounts is equivalent to a single discount of
A.	20%
B.	19%
C.	18%
D.	11%
Answer» C. 18%

Discussion

257.	The marked price of a watch is 1,600. The shopkeeper gives successive discounts of 10 % and D % to the customer. If the customer pays 1,224 for the watch, the value of D is
A.	5%
B.	10%
C.	15%
D.	20%
Answer» D. 20%

Discussion

258.	The difference between a discount of 40% on 500 and two successive discounts of 30% and 10% on the same amount is
A.	15
B.	0
C.	20
D.	10
Answer» B. 0

Discussion

259.	A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit when sold in cash, is ?
A.	10.5%
B.	15%
C.	9%
D.	8.5%
Answer» B. 15%

Discussion

260.	By selling an article at 3/4th of the marked price, there is a gain of 25%. The ratio of the marked price and the cost price is
A.	5 : 3
B.	3 : 5
C.	3 : 4
D.	4 : 3
Answer» B. 3 : 5

Discussion

261.	The marked price of an article is 10% higher than the cost price. A discount of 10% is given at the marked price. In this kind of sale, the seller
A.	bears no gain , no loss
B.	gains
C.	loses 1%
D.	None of these
Answer» D. None of these

Discussion

262.	A man bought a motor-cycle for
A.	<table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">7</td></tr></table>
B.	<table><tr><td rowspan="2">7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">9</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">13</td></tr></table>
C.	<table><tr><td rowspan="2">7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">5</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">13</td></tr></table>
D.	<table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">2</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">5</td></tr></table>
E.	None of these
Answer» C. <table><tr><td rowspan="2">7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">5</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">13</td></tr></table>

Discussion

263.	A toy train is marked at 400 and sold at a discount of 8% during Ganesh puja. A shopkeeper announces a discount of 8%. The amount he will loose if he announces a single discount of 16% is
A.	2.56
B.	3.84
C.	4.16
D.	5.78
Answer» B. 3.84

Discussion

264.	Two shopkeepers announce the same price of Rs. 700 for a sewing machine. The first offers successive discounts of 30% and 6% while the second offers successive discounts of 20% and 16%. The difference in their selling price is :
A.	Rs. 9.8
B.	Rs. 16.8
C.	Rs. 22.4
D.	Rs. 36.4
Answer» B. Rs. 16.8

Discussion

265.	A dealer marks his goods 20% above their cost price. He then allows some discount on marked price so that he makes a profit of 10%. The rate of discount is
A.	<table><tr><td rowspan="2">10</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
B.	<table><tr><td rowspan="2">9</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
C.	<table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
D.	<table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
Answer» E.

Discussion

266.	A shopkeeper marks the price of an item keeping 20% profit. If he offers a discount of
A.	4.5%
B.	5%
C.	7.5%
D.	8%
Answer» C. 7.5%

Discussion

267.	The marked price of a T.V. is 16,000. After two successive discounts it is sold for 11,400. If the first discount is 5%, then the rate of second discount is
A.	15%
B.	20%
C.	30%
D.	25%
Answer» E.

Discussion

268.	A manufacturer marked an article at 50 and sold it allowing 20% discount. If his profit was 25%, then the cost price of the article was
A.	40
B.	35
C.	32
D.	30
Answer» D. 30

Discussion

269.	A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed the discount of :
A.	11%
B.	10%
C.	9%
D.	10.5%
Answer» C. 9%

Discussion

270.	A shopkeeper marks his goods at 30% above the cost price but allows a discount of 10% at the time of sale. His gain is
A.	21%
B.	20%
C.	18%
D.	17%
Answer» E.

Discussion

271.	20% profit is made when a discount of 20% is given on the marked price. When the discount is 30% profit will be
A.	4%
B.	5%
C.	6%
D.	7.5%
Answer» C. 6%

Discussion

272.	A shopkeeper allows a discount of 10% on the marked price of a camera. Marked price of the camera, which costs him 600, to make a profit of 20% should be
A.	700
B.	750
C.	650
D.	800
Answer» E.

Discussion

273.	A tradesman marks his goods at 20 % above the cost price. He allows his customers a discount of 8% on the marked price. Then his profit % is
A.	10.4%
B.	11%
C.	12.2%
D.	9.7%
Answer» B. 11%

Discussion

274.	If a person marks a product 25% above the cost price but allows 10% discount, then the percentage of profit is
A.	35 %
B.	15 %
C.	17.5 %
D.	12.5 %
Answer» E.

Discussion

275.	A dealer of scientific instruments allows 20% discount on the marked price of the instruments and still makes a profit of 25%. If his gain over the sale of an instrument is 150, find the marked price of the instrument.
A.	938.50
B.	940
C.	938
D.	937.50
Answer» E.

Discussion

276.	The list price of an article is Rs. 900. It is available at two successive discounts of 20% and 10%. The selling price of the article is :
A.	Rs. 640
B.	Rs. 648
C.	Rs. 540
D.	Rs. 548
Answer» C. Rs. 540

Discussion

277.	A single discount equivalent to the series of discounts 20%, 10% and 5% is equal to :
A.	32%
B.	30%
C.	30.7%
D.	31.6%
Answer» E.

Discussion

278.	In a shop, shirts are usually sold at 40% above the cost price. During a sale, the shopkeeper offers a discount of 10% off the usual selling price. If he manages to sell 72 shirts for 13,608, then his cost price per shirt, (in ) is
A.	210
B.	150
C.	149
D.	125
Answer» C. 149

Discussion

279.	The rate of discount being given on a shirt, where selling price is Rs. 576 after deducting a discount of Rs. 109 on its marked price, is :
A.	14%
B.	18%
C.	15%
D.	16%
Answer» E.

Discussion

280.	At a given rate, the simple interest and the true discount on a certain sum, for a given time, are
A.	264
B.	220
C.	288
D.	295
E.	None of these
Answer» B. 220

Discussion

281.	For a certain article, if discount is 25% the profit is 25%. If the discount is 10%, then the profit is
A.	50%
B.	40%
C.	30%
D.	<table><tr><td rowspan="2">33</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">% </td></tr><tr><td style="text-align: center;">3</td></tr></table>
Answer» B. 40%

Discussion

282.	The banker s gain on a certain sum due in
A.	$ 800
B.	$ 1600
C.	$ 1200
D.	$ 880
Answer» B. $ 1600

Discussion

283.	If the discount on a certain sum in
A.	<table><tr><td rowspan="2">$ 2400, 3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
B.	<table><tr><td rowspan="2">$ 2400, 4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
C.	<table><tr><td rowspan="2">$ 2200, 5</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
D.	<table><tr><td rowspan="2">$ 2000, 3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>
E.	None of these
Answer» B. <table><tr><td rowspan="2">$ 2400, 4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;">1</td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table>

Discussion

284.	Find the present worth (
A.	$ 160, $ 16
B.	$ 130, $ 46
C.	$ 150, $ 26
D.	None of these
Answer» B. $ 130, $ 46

Discussion

285.	A bill which being due at the end of
A.	$ 695
B.	$ 725
C.	$ 713
D.	None of these
Answer» D. None of these

Discussion

286.	The discount on
A.	$ 429.00
B.	$ 415.00
C.	$ 393.25
D.	None of these
Answer» B. $ 415.00

Discussion

287.	A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains 56 on one item, his advertised price of the item (in ) is
A.	820
B.	780
C.	790
D.	800
Answer» E.

Discussion

288.	A shopkeeper allows a discount of 4% on his article. If cost price of the article is 100 and he wants to get a profit of 20%. Then, its marked price will be
A.	96
B.	120
C.	125
D.	130
Answer» D. 130

Discussion

289.	A merchant purchases a wrist watch for 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then, the list price of the watch is
A.	600
B.	650
C.	700
D.	550
Answer» B. 650

Discussion

290.	The difference between a discount of 30% on 2,000 and two successive discounts of 25% and 5% on the same amount is
A.	30
B.	35
C.	25
D.	40
Answer» D. 40

Discussion

291.	The marked price of an electric iron is 300. The shopkeeper allows a discount of 12% and still gains 10%. If no discount is allowed, his gain per cent would have been :
A.	20%
B.	25%
C.	27%
D.	30%
Answer» C. 27%

Discussion

292.	The cost price of an article is 64% of the marked price. The gain percentage after allowing a discount of 12% on the marked price is
A.	37 .5%
B.	48%
C.	50.5%
D.	52%
Answer» B. 48%

Discussion

293.	A merchant allows a discount of 10% on marked price for the cash payment. To make a profit of 17%, he must mark his goods higher than their cost price by
A.	33%
B.	40%
C.	27%
D.	30%
Answer» E.

Discussion

294.	What rate of interest does a man get for his money when in discounting a bill due in
A.	5%
B.	6%
C.	8%
D.	4%
Answer» B. 6%

Discussion

295.	If the discount on
A.	6 months
B.	4 months
C.	9 months
D.	7 months
Answer» D. 7 months

Discussion

296.	What is the rate of interest when the
A.	3%
B.	4%
C.	6%
D.	5%
Answer» B. 4%

Discussion

297.	If a shopkeeper wants to give 20% discount on a toy, he has to sell it for Rs. 300. If he sells it at Rs. 405, then his gain percent is
A.	5%
B.	4%
C.	8%
D.	6%
Answer» D. 6%

Discussion

298.	Successive discounts of 10%, 20% and 30% is equivalent to a single discount of
A.	60%
B.	49.6%
C.	40.5%
D.	36%
Answer» C. 40.5%

Discussion

299.	The marked price of an article is 10 % higher than the cost price. A discount of 10 % is given on the marked price. In this kind of sale, the seller bears.
A.	no loss, no gain
B.	a loss of 5%
C.	a gain of 1%
D.	a loss of 1%
Answer» E.

Discussion

300.	Charging 30 % above its production cost a radio maker puts a label of 286 on a radio as its price. But at the time of selling it, he allows 10 % discount on the labelled price. What will his gain be ?
A.	257 .40
B.	254. 40
C.	198
D.	37. 40
Answer» E.

Discussion

Explore topic-wise MCQs in Aptitude.

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A dealer of scientific instruments allows 20% discount on the marked price of the instruments and still makes a profit of 25%. If his gain over the sale of an instrument is 150, find the marked price of the instrument.

The list price of an article is Rs. 900. It is available at two successive discounts of 20% and 10%. The selling price of the article is :

A single discount equivalent to the series of discounts 20%, 10% and 5% is equal to :

In a shop, shirts are usually sold at 40% above the cost price. During a sale, the shopkeeper offers a discount of 10% off the usual selling price. If he manages to sell 72 shirts for 13,608, then his cost price per shirt, (in ) is

The rate of discount being given on a shirt, where selling price is Rs. 576 after deducting a discount of Rs. 109 on its marked price, is :

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The discount on

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A merchant purchases a wrist watch for 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then, the list price of the watch is

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

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If a shopkeeper wants to give 20% discount on a toy, he has to sell it for Rs. 300. If he sells it at Rs. 405, then his gain percent is

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The marked price of an article is 10 % higher than the cost price. A discount of 10 % is given on the marked price. In this kind of sale, the seller bears.

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