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Discount questions for competitive exams: SSC CGL

Discount questions for competitive exams: SSC CGL

About discount questions 

I am posting 20 varieties questions on ‘discount questions ’. This is considered as important chapter. Generally 1-2 questions can be asked in Tier 1 and 3-4 in Tier 2. This chapter will have direct link with other chapters also like profit and loss.

Discount questions 

discount questions

discount questions

Q1. A housewife saved Rs 2.50 in buying a dress on sale. If she spent rs 25 for the dress, approximately how much percent she saved in the transaction?
(a) 8%

(b) 9%

(c) 10%

(d) 11%

Q2. A agent gets a commission of 2.5% on the sales of cloth. If on a certain day, he gets rs 12.50 as commission, the cloth sold through him on that day is worth:

(a) Rs 250

(b) Rs 500

(c) 750

(d) Rs 1250

Q3. Successive discounts of 10% and 30% are equivalent to a single discount of:

(a) 40%

(b) 35%

(c) 38%

(d) 37%

Q4. A tradesman marks his goods 10% above his cost price. If he allows his customers 10% discount on the marked price, how much profit or loss does he make, if any

(a) 1% gain

(b) 1% loss

(c) 5% gain

(d) no gain, no loss

Discount questions
Q5. Applied to a bill for Rs 1,00,00 the difference between a discount of 40% and two successive discounts of 36% and 4% is:

(a) nil

(b) Rs 1440

(c) Rs 2500

(d) Rs 4000

Q6. The 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 per cent is:

(a) 40

(b) 60

(c) 200/3

(d) 205/3

Q7. A discount of 2.5% 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) 42

(b) 36.5

(c) 40

(d) 41.5

Q8. 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) 9%

(b) 10%

(c) 91/9%

(d) 11%

Q9. A salesman is allowed 11/2% discount on the total sales made by him plus a bonus of ½% on sales over Rs 10,000. If his total earnings were Rs 19,90, his total sales (in Rs) was

(a) 30,000

(b) 32,000

(c) 34,000

(d) 35,000

Q10. The marked price of an article is Rs 200. A discount of 25/2 % is allowed 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

Q11. 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 afford on the remaining Rs 6000 if he is to get as much as when 7% discount is allowed on the total?

(a) 5%

(b) 6%

(c) 7%

(d) 8%

Q12. A tradesman gives 4% discount on the market price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is increased above the cost price by

(a) 40%

(b) 395

(c) 50%

(d) 20%

Q13. The true discount on a sum of money due 2 years hence at 5% is Rs 15. Find the sum.

(a) Rs 150

(b) Rs 165

(c) Rs 170

(d) Rs 160

Q14. A discount series of 10%, 20% and 40% is equal to a single discount of

(a) 50.0%

(b) 56.8%

(c) 60.2%

(d) 70.28%

Q15. A shopkeeper sells a badminton racket whose marked price is rs 30, at a discount of 15% and gives a shuttle cock costing Rs 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is:

(a) Rs 21

(b) Rs 21.25

(c) Rs 20

(d) Rs 19.75

Q16. A shopkeeper lists the price of an article as Rs 500. But he gives a certain discount which allows a certain discount which allows the buyer to pay Rs 500 for the article including 10% sales tax. The rate of discount is

(a) 10%

(b) 111/115

(c) 100/11%

(d) 11%

Q17. A trader allows a trade discount of 20% and a cash discount of 26/4% on the marked price of the goods and gets a net gain of 205 of the cost. By how much above the cost should the goods be marked for the sale?

(a) 40%

(b) 50%

(c) 60%

(d) 70%

Discount questions for SSC CGL: Answer

Discount questions

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