Examination Questions on Discount

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1. Applied to a bill for Rs. 1,00,000 the difference between a discount of 40% and two successive discounts of 36% and 4% is:  

  1. Nil
  2. Rs. 1440
  3. Rs. 2500
  4. Rs. 4000

2. On a 20% discount sale, an article costs Rs. 596. What was the original price of the article?  

  1. Rs. 720
  2. Rs. 735
  3. Rs. 745
  4. Rs. 775

3. A discount of 15% on one article is the same as discount of 20% on a second article. The costs of the two articles can be:  

  1. Rs. 85, Rs. 60
  2. Rs. 60, Rs. 40
  3. Rs. 40, Rs. 20
  4. Rs. 80, Rs. 60

4. A discount of 2 ½% is given to the customer on marked price of an article. A man bought the article for Rs. 39. The marked price of article is:  

  1. Rs. 40
  2. Rs. 36.5
  3. Rs. 42
  4. Rs. 41.5

5. Printed price of an article is Rs. 900 but the retailer gets a discount of 40%. He sells the article for Rs. 900. Retailer’s gain percent is:  

  1. 40
  2. 60
  3. 662/3
  4. 681/3

6. The marked price of a watch was Rs. 720. A man bought the same watch for Rs. 550.80, after getting two successive discounts. If the first discount was 10%, what was the second discount rate?  

  1. 12%
  2. 15%
  3. 14%
  4. 18%

7. A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash. His net loss is:  

  1. 8%
  2. 10%
  3. 16%
  4. 20%

8. 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?  

  1. 9%
  2. 10%
  3. 10 1/9 %
  4. 11%.