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 : 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$2/3$%

The correct answers to the above question in:

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 % = $40/60 × 100$

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

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

Question : 1

The selling price of an article is Rs.1,920 and the discount given is 4%. The marked price of the article is

a) Rs.2,000

b) Rs.2,400

c) Rs.1,200

d) Rs.1,600

Answer: (a)

If the marked price of the article be x, then

96% of x = 1920

${x × 96}/100 = 1920$

$x ={1920 × 100}/96$ = Rs.2000

Using Rule 2,

S.P. = Rs.1920 D = 4% M.P. = ?

M.P. = $\text"S.P. × 100"/{100 - D}$

= ${1920 × 100}/{100 - 4}$

= ${1920 × 100}/96$ = Rs.2000

Question : 2

Rahim bought a T.V. with 20% discount on list price. Had he bought it with 25% discount he would have saved Rs.500. At what price did he buy the T.V?

a) Rs.12,000

b) Rs.16,000

c) Rs.8,000

d) Rs.10,000

Answer: (c)

If the marked price of T.V. be x, then,

${x × 5}/100$ = 500

$x = {500 × 100}/5$ = Rs.10000

Initial S.P. of T.V.

= ${10000 × 80}/100$ = Rs.8000

Question : 3

A shopkeeper sells his goods at 15% discount. The marked price of an article whose selling price is Rs.629 is :

a) Rs.704

b) Rs.740

c) Rs.614

d) Rs.700

Answer: (b)

Let the marked price be x.

${x × 85}/100$ = 629

$x = {629 × 100}/85$ = Rs.740

Using Rule 2,

M.P. = ? , S.P. = Rs.629, D = 15%

M.P. = $\text"S.P. × 100"/{100 - D}$

= ${629 × 100}/{100 - 15}$

= $62900/85$ = Rs.740

Question : 4

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 : 5

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 : 6

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%

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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