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 discount of 14% on the marked price of an article is allowed and then the article is sold for Rs.387. The marked price of the article is

(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, then
SP = ${\text"MP"(100 - D)}/100$
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: (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: (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: (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: (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: (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: (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 and
Discount% = $\text"Discount"/\text"MP" × 100$
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%

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