model 3 successive discount 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) 11%
(b) 13%
(c) 18%
(d) 15%
The correct answers to the above question in:
Answer: (b)
Total discount
=Rs.(820 - 570.72) = Rs.249.28
First discount = $820 × 20/100$ = Rs.164
Second discount
= Rs.(249.28 - 164) = Rs.85.28
Price of the article after first discount
= Rs.(820 - 164) = Rs.656
If the second discount be x% , then
x% of 656 = 85.28
$x = {85.28 × 100}/656 = 13%$
Using Rule 3,
Here, M.P. = Rs.820, S.P. = 570.72, $D_1 = 20%, D_2$ = ?
S.P. = M.P.$({100 - D_1}/100)({100 - D_2}/100)$
$570.72 = 820 ({100 - 20}/100)({100 - D_2}/100)$
$5707200/{820 × 80} = 100 - D_2$
$100 - D_2 = 87 ⇒ D_2$ = 13%
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Read more problems on successive discount Based Quantitative Aptitude Questions and Answers
Question : 1
An article is listed at Rs.900 and two successive discounts of 8% and 8% are given on it. How much would the seller gain or lose, if he gives a single discount of 16%, instead of two discounts ?
a) Loss of Rs.4.76
b) Gain of Rs.5.76
c) Gain of Rs.4.76
d) Loss of Rs.5.76
Answer »Answer: (d)
Using Rule 5,
Equivalent discount for two successive discounts of 8% and 8%
= $(8 + 8 - {8 × 8}/100)$%
= (16–0.64) % = 15.36 %
SP = (100 –15.36) % of 900
= Rs.$({84.64 × 900}/100)$ = Rs.761.76
For a single discount of 16%,
SP = 84% of 900
= Rs.$({84 × 900}/100)$ = Rs.756
Certainly seller will lose in this case.
Loss = Rs. (761.76 - 756) = Rs.5.76
Question : 2
The marked price of a T.V. is Rs.16,000. After two successive discounts it is sold for Rs.11,400. If the first discount is 5%, then the rate of second discount is
a) 25%
b) 30%
c) 15%
d) 20%
Answer »Answer: (a)
After a discount of 5%
SP = ${95 × 16000}/100$ = Rs.15200
Let the second discount be x%.
x% of 15200 = (15200 - 11400)
${x × 15200}/100 = 3800$
$x = {3800 × 100}/15200 = 25$
Second discount = 25%
Using Rule 3,
Here, M.P. = 16000, S.P. = 11400, $D_1 = 5%, D_2$ = ?
S.P. = M.P.$({100 - D_1}/100)({100 - D_2}/100)$
11400 = 16000$({100 - 5}/100)({100 - D_2}/100)$
$114000/{16 × 95} = 100 - D_2$
$75 = 100 - D_2 ⇒ D_2$ = 25%
Question : 3
A shopkeeper gives two successive discounts on an article marked Rs.450. The first discount given is 10 per cent. If the customer pays Rs.344.25 for the article, the second discount given is
a) 15 per cent
b) 12 per cent
c) 14 per cent
d) 10 per cent
Answer »Answer: (a)
Let the second discount be x per cent.
According to the question,
$450 × {100 - 10}/100 × {100 - x}/100$ = 344.25
100 - x = ${344.25 × 100 × 100}/{450 × 90}$
100 - x = 85
x = 100 - 85 = 15%.
Using Rule 3,
Here, M.P. = Rs.450, S.P. = Rs.344.25, $D_1 = 10%, D_2$ = ?
S.P. = M.P.$({100 - D_1}/100)({100 - D_2}/100)$
$344.25 = 450 × ({100 - 10}/100)({100 - D_2}/100)$
$3442500/{450 × 90} = (100 - D_2)$
$85 = 100 - D_2 ⇒ D_2$ = 15%
Question : 4
An article listed at Rs.800 is sold at successive discounts of 25% and 15%. The buyer desires to sell it off at a profit of 20% after allowing a 10% discount. What would be his list price ?
a) Rs.680
b) Rs.640
c) Rs.620
d) Rs.600
Answer »Answer: (a)
Using Rule 5,
Effective discount
= 25 + 15 - ${25 × 15}/100$
= 40 - 3.75 = 36.25 %
CP for buyer
= (100 - 36.25) % of 800
= ${63.75 × 800}/100$ = Rs.510
To gain 20%,
SP = Rs.$({120 × 510}/100)$ = Rs.612
Let the list price be Rs.x.
90% of x = Rs.612
${90x}/100$ = 612
$x = 61200/90$ = Rs.680
Question : 5
If on a marked price, the difference of selling prices with a discount of 30% and two successive discounts of 20% and 10% is Rs.72, then the marked price (in rupees) is
a) 2,400
b) 2,500
c) 3,600
d) 3,000
Answer »Answer: (c)
Using Rule 5,
Let the marked price be Rs.x.
In case I, SP = Rs.${70x}/100$
Single discount equivalent to successive discounts of 20% and 10%.
= $(20 + 10 - {20 × 10}/100)$% = 28%
S.P. in this case = ${72x}/100$
${72x}/100 - {70x}/100$ = 72
${2x}/100 = 72$
$x = {72 × 100}/2$ = Rs.3600
Question : 6
The marked price of an article is Rs.500. It is sold at successive discounts of 20% and 10%. The selling price of the article (in rupees) is :
a) 400
b) 360
c) 350
d) 375
Answer »Answer: (b)
Equivalent discount of successive discounts of 20% and 10%
= $(20 + 10 - {20 × 10}/100)$% = 28%
Selling Price = (100 - 28) % of Rs.500 = 72 % of 500
= Rs.${500 × 72}/100$ = Rs.360
Using Rule 3,When successive Discounts $D_1, D_2, D_3$, so on, are given thenSP = MP$({100 - D_1}/100)({100 - D_2}/100)({100 - D_3}/100)$
M.P. = Rs.500, $D_1 = 20%, D_2$ = 10%
S.P.= M.P.$({100 - D_1}/100)({100 - D_2}/100)$
= $500({100 - 20}/100)({100 - 10}/100)$
= $500 × 80/100 × 90/100$ = Rs.360
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
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