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Quiz Description :
Name: Discount Question answer: Aptitude Test
Subject: Aptitude
Topic: Discount
Questions: 9 Objective type
Time Allowed: 20 minutes
Important for: SSC CGL, CHSL, GD, CPO, IBPS, SBI Clerk / PO exam, Railway, Police and other competitive examinations.
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 Question 1 of 9
1. Question
1 pointsYesterday Pooja went to a shop with her parents to purchase a dress for Pongal festival. She saw many banners in the shop. The content of which was not understand by her. With an unclear mind, she entered the shop and purchased a frock. The price labeled on the frock was Rs. 550. It is called as Marked Price (abbreviated as M.P.) and she gave the shopkeeper ` 550. But the shopkeeper returned the balance amount and informed her that there was a discount of 20%. How much amount paid by Pooja to the shop keeper?
CorrectHere, 20% discount means, 20% discount on the Marked Price.
Discount = (20/100) × 550 = Rs. 110
Hence, Amount paid by Pooja to the shop keeper is = Marked Price – Discount = Rs. 550 – 110 = Rs 440IncorrectHere, 20% discount means, 20% discount on the Marked Price.
Discount = (20/100) × 550 = Rs. 110
Hence, Amount paid by Pooja to the shop keeper is = Marked Price – Discount = Rs. 550 – 110 = Rs 440UnattemptedHere, 20% discount means, 20% discount on the Marked Price.
Discount = (20/100) × 550 = Rs. 110
Hence, Amount paid by Pooja to the shop keeper is = Marked Price – Discount = Rs. 550 – 110 = Rs 440  Question 2 of 9
2. Question
1 pointsA bicycle marked at Rs. 1,500 is sold for Rs. 1,350. What is the percentage of discount?
CorrectMarked Price = Rs. 1500, Selling Price = Rs. 1350
Amount of discount = Marked Price – Selling Price = 1500 – 1350 = Rs. 150
Discount for Rs. 1500 = Rs. 150
Discount for Rs. 100 = (150/1500)× 100
Percentage of discount = 10%IncorrectMarked Price = Rs. 1500, Selling Price = Rs. 1350
Amount of discount = Marked Price – Selling Price = 1500 – 1350 = Rs. 150
Discount for Rs. 1500 = Rs. 150
Discount for Rs. 100 = (150/1500)× 100
Percentage of discount = 10%UnattemptedMarked Price = Rs. 1500, Selling Price = Rs. 1350
Amount of discount = Marked Price – Selling Price = 1500 – 1350 = Rs. 150
Discount for Rs. 1500 = Rs. 150
Discount for Rs. 100 = (150/1500)× 100
Percentage of discount = 10%  Question 3 of 9
3. Question
1 pointsThe list price of a frock is Rs. 220. A discount of 20% on sales is announced. What is the amount of discount on it and its selling price?
CorrectList (Marked) Price of the frock = Rs. 220, Rate of discount = 20%
Amount of discount = (20/100)× 100 = Rs. 44
∴Selling Price of the frock = Marked Price – Discount = 220 – 44 = Rs. 176.IncorrectList (Marked) Price of the frock = Rs. 220, Rate of discount = 20%
Amount of discount = (20/100)× 100 = Rs. 44
∴Selling Price of the frock = Marked Price – Discount = 220 – 44 = Rs. 176.UnattemptedList (Marked) Price of the frock = Rs. 220, Rate of discount = 20%
Amount of discount = (20/100)× 100 = Rs. 44
∴Selling Price of the frock = Marked Price – Discount = 220 – 44 = Rs. 176.  Question 4 of 9
4. Question
1 pointsAn almirah is sold at 5,225 after allowing a discount of 5%. Find its marked price.
CorrectBy applying Direct formula, we get;
Marked Price = (100/((100 Discount %) ))× Sell Price = (100/((100 – 5) ))×5225 = (100/95)×5225= Rs.IncorrectBy applying Direct formula, we get;
Marked Price = (100/((100 Discount %) ))× Sell Price = (100/((100 – 5) ))×5225 = (100/95)×5225= Rs.UnattemptedBy applying Direct formula, we get;
Marked Price = (100/((100 Discount %) ))× Sell Price = (100/((100 – 5) ))×5225 = (100/95)×5225= Rs.  Question 5 of 9
5. Question
1 pointsA shopkeeper allows a discount of 10% to his customers and still gains 20%. Find the marked price of an article which costs Rs. 450 to the shopkeeper.
CorrectWe have;
Discount = 10%, Gain = 20%, C.P. = Rs. 450, M.P. = ?
By applying the formula, we get;
Marked Price = [((100+ Gain%))/((100 – Discount%) )]× C.P. = (((100 + 20))/((100 – 10) ))×450 = (120/90)× 450 = Rs. 600IncorrectWe have;
Discount = 10%, Gain = 20%, C.P. = Rs. 450, M.P. = ?
By applying the formula, we get;
Marked Price = [((100+ Gain%))/((100 – Discount%) )]× C.P. = (((100 + 20))/((100 – 10) ))×450 = (120/90)× 450 = Rs. 600UnattemptedWe have;
Discount = 10%, Gain = 20%, C.P. = Rs. 450, M.P. = ?
By applying the formula, we get;
Marked Price = [((100+ Gain%))/((100 – Discount%) )]× C.P. = (((100 + 20))/((100 – 10) ))×450 = (120/90)× 450 = Rs. 600  Question 6 of 9
6. Question
1 pointsA dealer allows a discount of 10% and still gains 10%. What is the cost price of the book which is marked at Rs. 220?
CorrectWe have;
Discount = 10%
Gain = 10%
M.P. = Rs. 220
C.P. = [((100 Discount %))/((100 + Gain%) )]× M.P. = [((100 10))/((100 + 10) )]× 220 = (90/110)× 220 = Rs. 180IncorrectWe have;
Discount = 10%
Gain = 10%
M.P. = Rs. 220
C.P. = [((100 Discount %))/((100 + Gain%) )]× M.P. = [((100 10))/((100 + 10) )]× 220 = (90/110)× 220 = Rs. 180UnattemptedWe have;
Discount = 10%
Gain = 10%
M.P. = Rs. 220
C.P. = [((100 Discount %))/((100 + Gain%) )]× M.P. = [((100 10))/((100 + 10) )]× 220 = (90/110)× 220 = Rs. 180  Question 7 of 9
7. Question
1 pointsA television set was sold for Rs. 14,400 after giving successive discounts of 10% and 20% respectively. What was the marked price?
CorrectSelling Price = Rs. 14,400
Let the M.P. be Rs. 100.
First discount = 10% = (10/100)×100 = Rs. 10
S.P. after the first discount = 100 – 10 = Rs. 90
Second discount = 20% = (20/100)× 90 = Rs. 18
Selling Price after the second discount = 90 – 18 = Rs. 72
If S.P. is Rs. 72, then M.P. is Rs. 100.
When S.P. is Rs. 14,400,
M.P. = (((14400 × 100))/72) = Rs. 20000
M.P. = Rs. 20000IncorrectSelling Price = Rs. 14,400
Let the M.P. be Rs. 100.
First discount = 10% = (10/100)×100 = Rs. 10
S.P. after the first discount = 100 – 10 = Rs. 90
Second discount = 20% = (20/100)× 90 = Rs. 18
Selling Price after the second discount = 90 – 18 = Rs. 72
If S.P. is Rs. 72, then M.P. is Rs. 100.
When S.P. is Rs. 14,400,
M.P. = (((14400 × 100))/72) = Rs. 20000
M.P. = Rs. 20000UnattemptedSelling Price = Rs. 14,400
Let the M.P. be Rs. 100.
First discount = 10% = (10/100)×100 = Rs. 10
S.P. after the first discount = 100 – 10 = Rs. 90
Second discount = 20% = (20/100)× 90 = Rs. 18
Selling Price after the second discount = 90 – 18 = Rs. 72
If S.P. is Rs. 72, then M.P. is Rs. 100.
When S.P. is Rs. 14,400,
M.P. = (((14400 × 100))/72) = Rs. 20000
M.P. = Rs. 20000  Question 8 of 9
8. Question
1 pointsA trader buys an article for Rs. 1,200 and marks it 30% above the C.P. He then sells it after allowing a discount of 20%. Find the S.P. and profit percent.
CorrectLet C.P. of the article be Rs. 100
M.P. = 30% above C.P. = Rs. 130
If C.P. is Rs. 100, then M.P. is Rs. 130.
When C.P. is Rs. 1200, M.P. = (((1200 × 130))/100) = Rs. 1560
Discount = 20% of 1560 = (20/100)× 1560 = Rs. 312
S.P. = M.P. – Discount = 1560 – 312 = Rs. 1248
Profit = S.P. – C.P. = 1248 – 1200 = Rs. 48
∴ Profit % = ((Profit )/(C.P.))× 100 = ((48 )/1200)× 100 = 4%IncorrectLet C.P. of the article be Rs. 100
M.P. = 30% above C.P. = Rs. 130
If C.P. is Rs. 100, then M.P. is Rs. 130.
When C.P. is Rs. 1200, M.P. = (((1200 × 130))/100) = Rs. 1560
Discount = 20% of 1560 = (20/100)× 1560 = Rs. 312
S.P. = M.P. – Discount = 1560 – 312 = Rs. 1248
Profit = S.P. – C.P. = 1248 – 1200 = Rs. 48
∴ Profit % = ((Profit )/(C.P.))× 100 = ((48 )/1200)× 100 = 4%UnattemptedLet C.P. of the article be Rs. 100
M.P. = 30% above C.P. = Rs. 130
If C.P. is Rs. 100, then M.P. is Rs. 130.
When C.P. is Rs. 1200, M.P. = (((1200 × 130))/100) = Rs. 1560
Discount = 20% of 1560 = (20/100)× 1560 = Rs. 312
S.P. = M.P. – Discount = 1560 – 312 = Rs. 1248
Profit = S.P. – C.P. = 1248 – 1200 = Rs. 48
∴ Profit % = ((Profit )/(C.P.))× 100 = ((48 )/1200)× 100 = 4%  Question 9 of 9
9. Question
1 pointsA dealer buys a table listed at Rs.500 and gets successive discounts of 20% and 10% respectively. He spends Rs.15 on transportation and sells it at a profit of 25%. Find the Selling price of the table.
CorrectMarked price = Rs. 500
Two successive discounts of 20% and 10%.
We know that;
If m% and n% are two consecutive discounts on a scale, then the equivalent single discount will be;
Discount = [m+n(m×n)/100]%
Single equivalent discount of two successive discounts of 20% and 10% = [20+10(20 × 10)/100]%
= 30 – 2 = 28%
Price for which the table was bought after two successive discounts =(((100 – Discount %))/100)× M.P
= (((100 – 28))/100)×500 = (72/100)×500 = 360
Selling price of the table at 25% profit = 360 ×(125/100) = Rs.450IncorrectMarked price = Rs. 500
Two successive discounts of 20% and 10%.
We know that;
If m% and n% are two consecutive discounts on a scale, then the equivalent single discount will be;
Discount = [m+n(m×n)/100]%
Single equivalent discount of two successive discounts of 20% and 10% = [20+10(20 × 10)/100]%
= 30 – 2 = 28%
Price for which the table was bought after two successive discounts =(((100 – Discount %))/100)× M.P
= (((100 – 28))/100)×500 = (72/100)×500 = 360
Selling price of the table at 25% profit = 360 ×(125/100) = Rs.450UnattemptedMarked price = Rs. 500
Two successive discounts of 20% and 10%.
We know that;
If m% and n% are two consecutive discounts on a scale, then the equivalent single discount will be;
Discount = [m+n(m×n)/100]%
Single equivalent discount of two successive discounts of 20% and 10% = [20+10(20 × 10)/100]%
= 30 – 2 = 28%
Price for which the table was bought after two successive discounts =(((100 – Discount %))/100)× M.P
= (((100 – 28))/100)×500 = (72/100)×500 = 360
Selling price of the table at 25% profit = 360 ×(125/100) = Rs.450