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Quantitative Aptitude > Discount

DISCOUNT COMBINED MCQs

Total Questions : 712 | Page 67 of 72 pages
Question 661. The printed price of an article is Rs.900 but the retailer gets a discount of 40%. He sells the article for Rs.900. Retailer's gain per cent is :
  1.    60%
  2.    40%
  3.    68$1/3$%
  4.    66$2/3$%
 Discuss Question
Answer: Option D. -> 66$2/3$%
Answer: (d)Printed price = Rs.900On 40% discount= $900 - {900 × 40}/100$ = 900 - 360C.P. for retailer = 540S.P. = 900Profit = 900 - 540 = 360Gain % = ${360 × 100}/540$= $200/3 = 66{2}/3$%
Question 662. A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is increased above the cost price by
  1.    39%
  2.    40%
  3.    20%
  4.    50%
 Discuss Question
Answer: Option D. -> 50%
Answer: (d)Let the C.P. of each article be Rs.1For 15 books, the tradesman gives 1 book free.C.P. of 15 books = Rs.16S.P. of 15 books= $16 × 135/100$ = Rs.$108/5$S.P. of 1 book= $108/{5 × 15}$ = Rs.$36/25$Now, 96% of marked price = $36/25$Marked price= ${36 × 100}/{25 × 96} = 3/2 = Rs.1.5$The required % increase= ${0.5}/1 × 100$ = 50%
Question 663. A man buys an article for Rs.80 and marks it at Rs.120. He then allows a discount of 40%. What is the loss or gain per cent ?
  1.    12% loss
  2.    12% gain
  3.    10% loss
  4.    10% gain
 Discuss Question
Answer: Option C. -> 10% loss
Answer: (c)Discount = $120 × 40/100$ = Rs.48S.P. = Rs.(120 - 48) = Rs.72Loss = 80 - 72 = Rs.8Loss % = $8/80 × 100 = 10$%Using Rule 6,If r% of profit or loss occur after giving D% discount on marked price, then$\text"MP"/\text"CP" = {100 ± r}/{100 - D}$(positive sign for profit and negative for loss)
Question 664. A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. His actual profit was :
  1.    9%
  2.    5%
  3.    25%
  4.    16%
 Discuss Question
Answer: Option B. -> 5%
Answer: (b)Let the C.P. be Rs.100Marked price = Rs.125S.P. = 8% of 125= ${84 × 125}/100$ = Rs.105Profit = Rs.(105 - 100) = Rs.5Profit % = 5%
Question 665. If a discount of 20% on the marked price of a shirt saves a man Rs. 150, how much did he pay for the shirt ?
  1.    Rs.650
  2.    Rs.600
  3.    Rs.620
  4.    Rs.500
 Discuss Question
Answer: Option B. -> Rs.600
Answer: (b)Let the marked price of the shirt be Rs.x.According to the question,$x × 20/100$ = 150$x = {150 × 100}/20$ = 750Price paid = Rs.(750 - 150) = Rs.600
Question 666. A sells a scooter priced Rs.36,000. He gives a discount of 8% on the first Rs.20,000 and 5% on the next Rs.10,000. How much discount can he offered on the remaining Rs.6,000 if he is to get as much as when 7% discount is allowed on the total ?
  1.    6%
  2.    5%
  3.    8%
  4.    7%
 Discuss Question
Answer: Option D. -> 7%
Answer: (d)Discount on Rs.36000= ${36000 × 7}/100$ = Rs.2520Discount on first Rs.20,000= ${20000 × 8}/100$ = Rs.1600Discount on next Rs.10,000= ${10,000 × 5}/100$ = Rs.500Discount on remaining Rs.6,000= 2520 - (1600 + 500) = Rs.420∴ Required percent= ${420 × 100}/6000$ = 7%
Question 667. While selling a cooler, a shopkeeper gives a discount of 10% on the marked price. If he gives a discount of 12% he earns Rs.35 less as profit. The marked price of the cooler is
  1.    Rs.1,625
  2.    Rs.1,650
  3.    Rs.1,750
  4.    Rs.1,725
 Discuss Question
Answer: Option C. -> Rs.1,750
Answer: (c)Let the market price of the cooler be x,According to the question,(12 - 10)% of x = 35${x × 2}/100 = 35$$x = 3500/2$ = Rs.1750
Question 668. A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent?
  1.    10%
  2.    9%
  3.    11%
  4.    10$1/9$%
 Discuss Question
Answer: Option A. -> 10%
Answer: (a)Let the marked price of each pen be xTotal cost price of 40 pens = Total marked price of 36 pens = 36xSelling price of 1 pen after 1% discount= (1–0.01)x = 0.99xSelling price of 40 pens= 40 × 0.99x = 39.6xProfit = ${39.6 - 36}/36 × 100$= ${3.6}/36 × 100 = 10%$
Question 669.


The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

  1.    Rs. 36
  2.    Rs. 72
  3.    Rs. 48
  4.    Rs. 96
 Discuss Question
Answer: Option D. -> Rs. 96

T.D. = P.W. x B.G. = 576 x 16 = 96.


Question 670.


The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

  1.    Rs. 60
  2.    Rs. 108
  3.    Rs. 110
  4.    Rs. 112
 Discuss Question
Answer: Option B. -> Rs. 108

P.W. = Rs. (540 - 90) = Rs. 450.


The True Discount On A Bill Of Rs. 540 Is Rs. 90. The Banker... S.I. on Rs. 450 = Rs. 90.



S.I. on Rs. 540 = Rs.
The True Discount On A Bill Of Rs. 540 Is Rs. 90. The Banker...
90
x 540
The True Discount On A Bill Of Rs. 540 Is Rs. 90. The Banker...
= Rs. 108.
450


The True Discount On A Bill Of Rs. 540 Is Rs. 90. The Banker... B.D. = Rs. 108.


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