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) 60%
(b) 40%
(c) 68$1/3$%
(d) 66$2/3$%
The correct answers to the above question in:
Answer: (d)
Printed price = Rs.900
On 40% discount
= $900 - {900 × 40}/100$ = 900 - 360
C.P. for retailer = 540
S.P. = 900
Profit = 900 - 540 = 360
Gain % = ${360 × 100}/540$
= $200/3 = 66{2}/3$%
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Read more mixed problems on marked price Based Quantitative Aptitude Questions and Answers
Question : 1
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 :
a) 9%
b) 5%
c) 25%
d) 16%
Answer »Answer: (b)
Let the C.P. be Rs.100
Marked price = Rs.125
S.P. = 8% of 125
= ${84 × 125}/100$ = Rs.105
Profit = Rs.(105 - 100) = Rs.5
Profit % = 5%
Question : 2
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
a) Rs.1,625
b) Rs.1,650
c) Rs.1,750
d) Rs.1,725
Answer »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 : 3
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?
a) 10%
b) 9%
c) 11%
d) 10$1/9$%
Answer »Answer: (a)
Let the marked price of each pen be x
Total cost price of 40 pens = Total marked price of 36 pens = 36x
Selling price of 1 pen after 1% discount
= (1–0.01)x = 0.99x
Selling price of 40 pens
= 40 × 0.99x = 39.6x
Profit = ${39.6 - 36}/36 × 100$
= ${3.6}/36 × 100 = 10%$
Question : 4
A fan is listed at Rs.1,500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer now to bring the net price to Rs.1,104 ?
a) 10%
b) 8%
c) 12%
d) 15%
Answer »Answer: (b)
First discount = 20%
Price after first discount
= Rs.$(1500 - 20/100 × 1500)$
= Rs.(1500 - 300) = Rs.1200
Let the additional discount be x%
$(1200 - {x × 1200}/100)$ = 1104
1200 - 12x = 1104
12x = 1200 - 1104 = 96
$x = 96/12 = 8%$
Question : 5
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 : 6
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
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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