**Discount Set 2**

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. The marked price of an article is Rs. 200. A discount of 12 (1/2)% is allowed on the marked price and a profit of 25% is made. The cost price of the article is

(a) Rs. 200

(b) Rs. 175

(c) Rs. 120

(d) Rs. 140

Q2. A trader marked the selling price of an article at 10% above the cost price. At the time of selling he allows certain discount and suffers a loss of 1%. He allowed the discount of:

(a) 11%

(b) 10%

(c) 9%

(d) 10.5%

Q3. The marked price of an electric iron is Rs. 690. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain percent would be

(a) 20%

(b) 24%

(c) 25%

(d) 28%

**Answers to the quiz and More questions are attached in the Sehpaathi Test Application below**

**Sehpaathi Test Application: CHALLENGE YOURSELF**

**Test: Bnk_Quant_Discounts-Set2**

Q4. 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) 5%

(b) 9%

(c) 16%

(d) 25%

Q5. 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 marked?

(a) 18%

(b) 12%

(c) 10%

(d) 8%

**Answer:**

**1)d 2)b 3)a 4)a 5)d **