model 4 mixed discount problems of marked price Section-Wise Topic Notes With Detailed Explanation And Example Questions

MOST IMPORTANT quantitative aptitude - 4 EXERCISES

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The following question based on discount topic of quantitative aptitude

Questions : When a shopkeeper gives 10% discount on the list price of a toy, his gain is 20%. If he had given a discount of 20%, his percentage of gain would have been

(a) 8$1/3$%

(b) 6$2/3$%

(c) 15%

(d) 10%

The correct answers to the above question in:

Answer: (b)

Let the cost price of toy be Rs.100 and the marked price be x.

${x × 90}/100 = 120$

$x = {120 × 100}/90$ = Rs.$400/3$

S.P. after a discount of 20%

= 80% of $400/3$

= ${400 × 80}/300 = 320/3 = 106{2}/3$

Profit percent

=$106{2}/3 - 100 = 6{2}/3$%

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Read more mixed problems on marked price Based Quantitative Aptitude Questions and Answers

Question : 1

An article is sold at a discount of 20% and an additional discount of 30% is allowed on cash payment. If Vidya purchased the article by paying Rs.2240 in cash, the marked price of the article was

a) Rs.4368

b) Rs.4000

c) Rs.4480

d) Rs.4400

Answer: (b)

Let the marked price of the article be x.

Equivalent discount for successive discounts of 30% and 20%

= $(30 + 20 - {30 × 20}/100)$%

= (50 - 6)% = 44%

(100 - 44)% of x = 2240

${x × 56}/100 = 2240$

$x = {2240 × 100}/56$ = Rs.4000

Question : 2

A trader gains 15% after selling an item at 10% discount on the printed price. The ratio of the cost price and printed price of the item is

a) 17 : 18

b) 18 : 23

c) 18 : 25

d) 17 : 23

Answer: (b)

Let the CP of article be x and its marked price be y.

According to the question,

90% of y = 115% of x

${y × 90}/100 = {x × 115}/100$

$x/y =90/115 = 18/23$ ⇒ 18 : 23

Using Rule 6,

Here, r = 15%, D = 10%

$\text"MP"/\text"CP" = {100 + r}/{100 - D}$

= ${100 + 15}/{100 - 10}$

$\text"M.P."/ \text"C.P."= 115/90$

$\text"C.P."/ \text"M.P."= 90/115$

$\text"C.P."/ \text"M.P."= 18/23$

C.P. : M.P. = 18 : 23

Question : 3

A retailer gets a discount of 40% on the printing price of an article. The retailer sells it at the printing price. His gain per cent is

a) 55%

b) 40%

c) 75%

d) 66$2/3$%

Answer: (d)

Let the printed price of the article be Rs.100

Discount = 40%

C.P. = Rs.(100 - 40) = Rs.60

S.P. = Rs.100

Gain % = $40/60 × 100$

= $200/3 = 66{2}/3$%

Question : 4

After allowing a discount of 12% on the marked price of an article, it is sold for Rs.880. Find its marked price.

a) Rs.2,000

b) Rs.1,100

c) Rs.2,100

d) Rs.1,000

Answer: (d)

Marked price

= $100/{100 - 12} × 880$ = Rs.1000

Using Rule 2,

Here, S.P. = Rs.880, D = 12%, M.P. = ?

M.P. = $\text"S.P. × 100"/{100 - D}$

= ${880 × 100}/{100 - 12}$ = Rs.1000

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