model 4 mixed discount problems of marked price Section-Wise Topic Notes With Detailed Explanation And Example Questions
MOST IMPORTANT quantitative aptitude - 4 EXERCISES
The following question based on discount topic of quantitative aptitude
(a) Rs.427
(b) Rs.450
(c) Rs.440
(d) Rs.500
The correct answers to the above question in:
Answer: (b)
Let the marked price be x
86% of x = 387
$x = {387 × 100}/86$ = Rs.450
Using Rule 2,If article is sold on D% discount, thenSP = ${\text"MP"(100 - D)}/100$MP = ${\text"SP" × 100}/{100 - D}$
Here, D = 14%, S.P. = Rs.387, M.P. = ?
M.P. = ${\text"SP" × 100}/{100 - D}$
= ${387 × 100}/{100 - 14}$
= $38700/86$ = Rs.450
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Read more mixed problems on marked price Based Quantitative Aptitude Questions and Answers
Question : 1
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 ?
a) 12% loss
b) 12% gain
c) 10% loss
d) 10% gain
Answer »Answer: (c)
Discount = $120 × 40/100$ = Rs.48
S.P. = Rs.(120 - 48) = Rs.72
Loss = 80 - 72 = Rs.8
Loss % = $8/80 × 100 = 10$%
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)
Here, C.P. = Rs.80, M.P. = Rs.120, D = 40%
$\text"MP"/\text"CP" = {100 + r}/{100 - D}$
$120/80 = {100 + r}/{100 - 40}$
$3/2 = {100 + r}/60$
90 = 100 + r
r =–10% (–ve sign shows loss)
Loss = 10%
Question : 2
While selling a shirt, a shopkeeper gives a discount of 7%. If he had given a discount of 9% he would have got Rs.15 less as profit. The marked price of the shirt is
a) Rs.720
b) Rs.750
c) Rs.600
d) Rs.712.50
Answer »Answer: (b)
Let the marked price of the shirt be x.
Difference of discounts = 2%
2% of x = 15
${x × 2}/100$ = 15
$x = {15 × 100}/2$ = Rs.750
Question : 3
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
a) 39%
b) 40%
c) 20%
d) 50%
Answer »Answer: (d)
Let the C.P. of each article be Rs.1
For 15 books, the tradesman gives 1 book free.
C.P. of 15 books = Rs.16
S.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 : 4
A shopkeeper allows 4% discount on his marked price. If the cost price of an article is Rs.100 and he has to make a profit of 20%, then his marked price must be
a) Rs.120
b) Rs.96
c) Rs.130
d) Rs.125
Answer »Answer: (d)
Let the marked price of the article be x
According to the question,
96% of x = 120% of 100
$x × 96/100 = {100 × 120}/100$
$x = {100 × 120}/100$ = Rs.125
Using Rule 6,
Here, r = 20%, D = 4%,
C.P. = Rs.100, M.P. = ?
$\text"MP"/\text"CP" = {100 + r}/{100 - D}$
$\text"MP"/100 = {100 + 20}/{100 - 4}$
M.P. = ${120 × 100}/96$
= $1000/8$ = Rs.125
Question : 5
A shop-keeper sells a badminton racket whose marked price is Rs.30, at a discount of 15% and gives a shuttle cock costing Rs.1.50 free with each racket. Even then he makes a profit of 20%. His cost price, per racket, is
a) Rs.21.25
b) Rs.21.00
c) Rs.19.75
d) Rs.20.00
Answer »Answer: (d)
Discount = 15%
SP of racket = 85% of Rs.30 = Rs.25.50
One shuttle cock of Rs.1.50 is free.
Actual SP
= Rs.(25.50 - 1.50) = Rs.24
He still gains 20%
CP = $100/120 × 24$ = Rs.20
Question : 6
An article, which is marked Rs.650, is sold for Rs.572. The discount given is
a) 13%
b) 12%
c) 26%
d) 21%
Answer »Answer: (b)
Discount = 650 - 572 = Rs.78
If the discount bex% then
${650 × x}/100 = 78$
$x = {78 × 100}/650 = 12%$
Using Rule 1,If Marked Price = (MP), Selling Price = (SP)Then, Discount = MP - SP andDiscount% = $\text"Discount"/\text"MP" × 100$Discount% = $\text"Marked Price - Selling Price"/\text"Marked Price" × 100$Note:Any kind of Discount is calculated only on marked price and not on selling price or cost price.
Here, M.P. = Rs.650, S.P. = Rs.572
Discount % = $\text"M.P. - S.P."/\text"M.P." × 100$
= ${650 - 572}/650 × 100$
= $7800/650$ = 12%
GET discount PRACTICE TEST EXERCISES
model 1 profit x after discount y
model 2 hiking & discounting
model 3 successive discount
model 4 mixed discount problems of marked price
discount Shortcuts and Techniques with Examples
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