model 2 hiking & discounting Practice Questions Answers Test with Solutions & More Shortcuts

Question : 26 [SSC CGL Tier-I 2014]

If the discount is equal to one fifth of the marked price and the loss is half the discount, then the percentage of loss is

a) 11$1/9$%

b) 13$1/9$%

c) 12$1/9$%

d) 10$1/9$%

Question : 27

A shopkeeper allows a discount of 10% on the marked price of an item but charges a sales tax of 8% on the discounted price. If the customer pays Rs.3,402 as the price including the sales tax, then the marked price is

a) Rs.3,500

b) Rs.3,800

c) Rs.3,600

d) Rs.3,400

Question : 28 [SSC MTS 2013]

A merchant allows a discount of 10% on marked price for the cash payment. To make a profit of 17%, he must mark his goods higher than their cost price by

a) 40%

b) 30%

c) 27%

d) 33%

Question : 29 [SSC Constable 2012]

A merchant marks his goods 40% above the cost price and sells them at a discount of 15%. Find his gain %.

a) 22%

b) 20%

c) 19%

d) 25%

Question : 30 [SSC SAS 2010]

A shopkeeper marks his sarees at 20% above the cost price and allows the purchaser a discount of 10% for cash buying. What profit percent does he make?

a) 12%

b) 8%

c) 10%

d) 18%