Discount Set 1
We are here with the Discounts exercise which is very important for competitive exams. Profit and Loss and Discounts questions usually carry 3-5 marks in competitive exams.
Q1. Successive discounts of 10% and 30% are equivalent to a single discount of:
Q3. A discount of 2 (1/2)% is given to the customer on the marked price of an article. A man bought the article for Rs. 39. The market price of the article is:
(a) Rs. 42
(b) Rs. 36.5
(c) Rs. 40
(d) Rs. 41.5
Answers to the quiz and More questions are attached in the Sehpaathi Test Application below
Q4. The marked price of a watch is Rs. 1000. A retailer buys it at Rs. 810 after getting two successive discounts of 10% and another rate which is illegible. What is the second discount rate?
Q5. A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs. 800, then the cost price of the article is:
(a) Rs. 900
(b) Rs. 800
(c) Rs. 700
(d) Rs. 600
1)d 2)b 3)c 4)b 5)d