model 4 mixed discount problems of marked price Practice Questions Answers Test with Solutions & More Shortcuts

Question : 26 [SSC CGL Prelim 2004]

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: (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 : 27 [SSC CGL Prelim 2008]

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: (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 : 28 [SSC CGL Prelim 2000]

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: (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 : 29 [SSC CPO S.I.2003]

A sells a scooter priced Rs.36,000. He gives a discount of 8% on the first Rs.20,000 and 5% on the next Rs.10,000. How much discount can he offered on the remaining Rs.6,000 if he is to get as much as when 7% discount is allowed on the total ?

a) 6%

b) 5%

c) 8%

d) 7%

Answer: (d)

Discount on Rs.36000

= ${36000 × 7}/100$ = Rs.2520

Discount on first Rs.20,000

= ${20000 × 8}/100$ = Rs.1600

Discount on next Rs.10,000

= ${10,000 × 5}/100$ = Rs.500

Discount on remaining Rs.6,000

= 2520 - (1600 + 500) = Rs.420

∴ Required percent

= ${420 × 100}/6000$ = 7%

Question : 30 [SSC SO 2007]

If a discount of 20% on the marked price of a shirt saves a man Rs. 150, how much did he pay for the shirt ?

a) Rs.650

b) Rs.600

c) Rs.620

d) Rs.500

Answer: (b)

Let the marked price of the shirt be Rs.x.

According to the question,

$x × 20/100$ = 150

$x = {150 × 100}/20$ = 750

Price paid = Rs.(750 - 150) = Rs.600

IMPORTANT quantitative aptitude EXERCISES

model 4 mixed discount problems of marked price Shortcuts »

Click to Read...

model 4 mixed discount problems of marked price Online Quiz

Click to Start..

Recently Added Subject & Categories For All Competitive Exams

New 150+ Percentage Questions For IBPS Clerk Prelims 2024

Free Top Percentage Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz PDF & Mock Test for IBPS Clerk Prelims 2024 Exam

04-May-2024 by Careericons

Continue Reading »

Classification Reasoning MCQ For IBPS Clerk Prelims 2024

Most Important 100+ Classification based Verbal Reasoning Ability Multiple choice questions and answers PDF, Free New Mock tests For IBPS Clerk Prelims 2024

03-May-2024 by Careericons

Continue Reading »

Ratio and Proportion Questions with Solutions, IBPS Clerk

New Ratio and Proportion Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz & Mock Test for IBPS Clerk Prelims 2024 Exam

02-May-2024 by Careericons

Continue Reading »

Top Analogy Reasoning Ability For IBPS Clerk Prelims 2024

Most Important Analogy based Verbal Reasoning Multiple choice questions and answers practice quiz series PDF, Free New Mock tests For IBPS Clerk Prelims 2024

01-May-2024 by Careericons

Continue Reading »