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BASIC CONCEPT BASED QUESTIONS (a) Rs. 42 (b) Rs. 36.50
1. A dealer offers a discount of 10% on the marked (c) Rs. 40 (d) Rs. 41.50
price of an article and still makes a profit of 20%. 11. The printed price of an article is Rs. 900 but the
If its marked price is Rs. 800, then the cost price retailer gets a discount of 40%. He sells the article for
of the article is ? Rs. 900. Retailer's gain per cent is ?

(a) Rs. 900 (b) Rs. 800 (a) 40% (b) 60%
(c) Rs. 700 (d) Rs. 600 (c) 66% (d) 68%
2. The marked price of an article is Rs. 200. A discount 12. A discount of 15% on one article is the same as
of 12½% is allowed on the marked price and a profit discount of 20% on a second article. The costs of the
of 25% is made. The cost price of the article is ? two articles can be ?

(a) Rs. 200 (b) Rs. 175 (a) Rs. 85, Rs. 60 (b) Rs. 60, Rs. 40
(c) Rs. 120 (d) Rs. 140 (c) Rs. 40, Rs. 20 (d) Rs. 80, Rs. 60
3. A shopkeeper earns a profit of 10% after allowing a 13. The marked price of a watch was Rs. 720/-. A man
discount o 20% on the marked price. The cost price of bought the same for Rs. 550.80, after getting two
the article whose marked price is Rs. 880, is ? successive discounts, the first 10%. What was the
second discount rate ?
(a) Rs. 704 (b) Rs. 640
(c) Rs. 774 (d) Rs. 680 (a) 12% (b) 14%
4. A fan is listed at Rs. 1,500 and a discount of 20% is (c) 15% (d) 18%
offered on the list price. What additional discount 14. A shopkeeper purchased a chair marked at Rs. 800, at
must be offered to the customer now to bring the net two successive discounts of 10% and 15%
price to Rs. 1104 ? respectively. He spent Rs. 28 on transportation and
sold the chair for Rs. 800. His gain percent is ?
(a) 8% (b) 10%
(c) 15% (d) 12% (a) 40% (b) 30%
5. The marked price of an article is Rs. 500. It sold at (c) 25% (d) 14%
successive discounts of 20% and 10%. The selling 15. A shopkeeper marks his goods 20% above cost price,
price of the article (in rupees) is ? but allows 30% discount for cash. His net loss is ?

(a) Rs. 350 (b) Rs. 375 (a) 8% (b) 10%

(c) Rs. 360 (d) Rs. 400 (c) 16% (d) 20%
6. Applied to a bill for Rs. 1,00,000 the difference 16. A retailer buys 40 pens at the marked price of 36 pens
between a discount of 40% and two successive from a wholesaler. If he sells these pens giving a
discounts of 36% and 4% is ? discount of 1% on the marked price, what is the profit
percent ?
(a) Nil (b) Rs. 1,440
(c) Rs. 2,500 (d) Rs. 4,000 (a) 9% (b) 10%
7. Successive discounts of 10% and 30% are equivalent (c) 10% (d) 11%
to a single discount of ? 17. The marked price of a watch is Rs. 1000. A retailer
buys it at Rs. 810 after getting two successive
(a) 40% (b) 35% discounts of 10% and another rate which is illegible.
(c) 38% (d) 37% What is the second discount rate ?
8. A tradesman marks his goods 10% above his cost
price. If he allows his customers 10% discount on the (a) 15% (b) 10%
marked price, how much profit or loss does he make, (c) 8% (d) 6.5%
if any ? 18. Successive discounts of 10% and 20% are equivalent
to a single discount of ?
(a) 1% gain (b) 1% loss
(c) 5% gain (d) No gain no loss (a) 30% (b) 15%
9. A trademan marks his goods at 20% above the cost (c) 28% (d) 12%
price. He allows his customers a discount of 8% on 19. The equivalent single discount for two successive
marked price. Find out the profit percent ? discounts of 15% and 10% is ?

(a) 12% (b) 10.4% (a) 25% (b) 20%

(c) 16% (d) 20% (c) 23.5% (d) 20.85%
10. A discount of 2½% is given to the customer on the 20. The list price of a clock is Rs. 160. A customer buys it
marked price of an article. A man bought the article for Rs. 122.40 after two successive discounts. If first
for Rs. 39. The marked price of the article is ? discount is 10%, the second is ?

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(a) 10% (b) 12% (a) Rs. 450 (b) Rs. 427
(c) 15% (d) 18% (c) Rs. 500 (d) Rs. 440
30. A shopkeeper sells his goods at 10% discount on the
1. (d) 2. (d) 3. (b) 4. (a) 5. (c) marked price. What price should be mark on an article
6. (b) 7. (d) 8. (b) 9. (b) 10. (c) that cost him Rs. 900 to gain 10% ?
11. (c) 12. (d) 13. (c) 14. (c) 15. (c)
16. (B) 17. (b) 18. (c) 19. (c) 20. (c) (a) Rs. 1275 (b) Rs. 1250
(c) Rs. 1175 (d) Rs. 1100
MODERATE CONCEPT BASED QUESTIONS 31. A tradesman gives 4% discount on the marked price
and gives 1 article free for buying every 15 articles
and thus gains 35%. The marked price is increased
21. An item is marked for Rs. 240 for sale. If two
above the cost price by ?
successive discounts of 10% and 5% are allowed on
the sale price, the selling price of the article will be ?
(a) 40% (b) 39%
(c) 50% (d) 20%
(a) Rs. 205.20 (b) Rs. 204
(c) Rs. 34.80 (d) Rs. 36 32. A sells a scooter priced Rs. 36,000. He gives a
22. The price of an article is raised by 30% and then two discount of 8% on the first Rs. 20,000 and 5% on the
next Rs. 10,000. How much discount can he affored
successive discounts of 10% each are allowed.
on the remaining Rs. 6,000 if he is to get as much as
Ultimately the price of the article is ?
when 7% discount is allowed on the total ?
(a) increased by 11% (b) increased by 5.3%
(a) 5% (b) 6%
(c) decreased by 3% (d) decreased by 5.3%
23. A single discount equivalent to the successive (c) 7% (d) 8%
discounts of 10%, 20% and 25% is ? 33. A salesman is allowed 5½% commission on the total
sales made by him plus a bonus of ½% on sales over
Rs. 10,000. If his total earnings were Rs. 1,990, his
(a) 55% (b) 45%
total sales (in Rupees) was ?
(c) 46% (d) 60%
24. The discount series 10%, 20%, 40% is equivalent to a
(a) Rs. 30,000 (b) Rs. 32,000
single discount of ?
(c) Rs. 34,000 (d) Rs. 35,000
(a) 50% (b) 56.8% 34. A housewife saved Rs. 2.50 in buying a dress on sale.
(c) 60% (d) 62.28% If she spent Rs. 25 for the dress, approximately how
25. A trader marked the selling price of an article at 10% much percent she saved in the transaction ?
above the cost price. At the time of selling he allows
(a) 8% (b) 9%
certain discount and suffers a loss of 1%. He allowed
(c) 10% (d) 11%
the discount of ?
35. List price of an article at a show room is Rs. 2,000 and
it is being sold at successive discounts of 20% and
(a) 11% (b) 10%
(c) 9% (d) 10.5% 10%, its net selling price will be ?
26. A shopkeeper marks his goods 30% above his cost
price but allows a discount of 10% at the time of sale. (a) Rs. 1900 (b) Rs. 1700
(c) Rs. 1440 (d) Rs. 1400
His gain is ?
36. The difference between a single discount of 30% on
Rs. 550 and two successive discounts of 20% and 10%
(a) 21% (b) 20%
on the same amount is ?
(c) 18% (d) 17%
27. By giving a discount of 10% on the marked price of
Rs. 1100 of a cycle, a dealer gains 10%. The cost price (a) Nil (b) Rs. 11
of the cycle is ? (c) Rs. 22 (d) Rs. 44
37. A trader wishes to gain 20% after allowing 10%
discount on the marked price to his customers. At
(a) Rs. 1100 (b) Rs. 900
what percent higher than the cost price must he mark
(c) Rs. 1089 (d) Rs. 891
his goods ?
28. The marked price of an electric iron is Rs. 690. The
shopkeeper allows a discount of 10% and gains 8%. If
(a) 30% (b) 33%
no discount is allowed, is gain percent would be ?
(c) 34% (d) 35%
(a) 20% (b) 24% 38. In order to maintain the price line a trader allows a
discount fo 10% on the marked price of an article.
(c) 25% (d) 28%
However, he still marks a profit of 17% on the cost
29. A discount of 14% on the marked price of an article is
price. Had he sold the article at the marked price, he
allowed and then the article is sold for Rs. 387. The
would have earned a profit percent of ?
marked price of the article is ?

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(a) 30% (b) 32% 47. A shopkeeper offers 10% discount on the marked
(c) 33% (d) 35% price of his articles and still makes a profit of 20%.
39. A trader marked the price of his commodity so as to What is the actual cost of the article marked Rs. 500
include a profit of 25%. He allowed discount of 16% for him ?
on the marked price. His actual profit was ?
(a) Rs. 440 (b) Rs. 425
(a) 5% (b) 9% (c) Rs. 400 (d) Rs. 375
(c) 16% (d) 25% 48. The marked price of a watch is Rs. 800. A shopkeeper
40. A shopkeeper sells a badminton racket whose marked gives two successive discounts and sells the watch at
price is Rs. 30, at a discount of 15% and gives a Rs. 612. If the first discount is 10%, the second
shuttle cock costing Rs. 1.50 free with each racket. discount is ?
Even then he makes a profit of 20%. His cost price,
per racket is ? (a) 8% (b) 10%
(c) 12% (d) 15%
(a) Rs. 21.00 (b) Rs. 21.25 49. A shopkeeper gives two successive discount on an
(c) Rs. 20.00 (d) Rs. 17.75 article marked Rs. 450. The first discount given is
10%. If the customer pays Rs. 344.25 for the article,
the second discount given is ?
21. (a) 22. (b) 23. (c) 24. (b) 25. (b)
26. (d) 27. (b) 28. (a) 29. (a) 30. (d) (a) 14% (b) 10%
31. (c) 32. (c) 33. (c) 34. (b) 35. (c) (c) 12% (d) 15%
36. (b) 37. (b) 38. (a) 39. (a) 40. (a) 50. Successive discounts of 10%, 20% and 30% is
equivalent to a single discount of ?
ADVNCED CONCEPT BASED QUESTIONS
(a) 60% (b) 49.6%
41. A trader marked his goods at 20% above the cost
(c) 40.5% (d) 36%
price. He sold half the stock at the marked price. One
51. A shopkeeper gives 12 percent additional discount
quarter at a discount of 20% on the marked price and
along with a discount of 20 percent on the marked
the rest at a discount of 40% on the marked price. His
price of a radio. If the sale price of the radio is Rs.
total gain is ?
704, the marked price is ?
(a) 2% (b) 4.5%
(a) Rs. 844.80 (b) Rs. 929.28
(c) 13.5% (d) 15%
(c) Rs. 1,044.80 (d) Rs. 1,000
42. A person paid Rs. 17,000 for a motor-car after a single
52. A company offers three types of successive discounts
discount of 15%. If he is given successive discounts of
(i) 25% and 15% (ii) 30% and 10% (iii) 35% and
5% and 10% then how much he would pay ?
5%. which offer is the best for a customer ?
(a) Rs. 17,000 (b) Rs. 17,010
(a) First offer
(c) Rs. 17,100 (d) Rs. 18,900
(b) Second offer
43. A shopkeeper marks his sarees at 20% above the cost
(c) Third offer
price and allows the purchaser a discount of 10% for
(d) Any one: all are equally good
cash buying. What profit percent does he marked ?
53. An article is listed at Rs. 900 and two successive
discounts of 8% and 8% are given on it. How much
(a) 18% (b) 12%
would the saler gain or loss, if he gives a single
(c) 10% (d) 8%
discount of 16% instead of two discounts ?
44. To gain 8% after allowing a discount of 10%, by what
percent cost price should be hiked in the list price ?
(a) Gain of Rs. 4.76 (b) Loss of Rs. 5.76
(c) Gain of Rs. 5.76 (d) Loss of Rs. 4.76
(a) 9% (b) 11%
54. A dealer buys a car listed at Rs. 2,00,000 at successive
(c) 18% (d) 20%
discounts of 5% and 10%. If he sells the car for Rs.
45. A shopkeeper buys an article for Rs. 180. He wishes to
1,79,550, then his profit is ?
gain 20% after allowing a discount of 10% on the
marked price to the customer. The marked price will
(a) 10% (b) 9%
be ?
(c) 5% (d) 4%
55. An article listed at Rs. 800 is sold at successive
(a) Rs. 210 (b) Rs. 240
discounts of 25% and 15%. The buyer desires to sell it
(c) Rs. 270 (d) Rs. 300
off at a profit of 20% after allowing a 10% discount.
46. The cost of manufacturing an article was Rs. 900. The
What would be his list price ?
trader wants of 10%. The marked price must be ?
(a) Rs. 620 (b) Rs. 600
(a) Rs. 1500 (b) Rs. 1250
(c) Rs. 640 (d) Rs. 680
(c) Rs. 1200 (d) Rs. 1000

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56. The difference between a discounts of 40% on Rs. 500
and two successive discount of 36% and 4% on the
same amount is ?

(a) zero (b) Rs. 1.93

(c) Rs. 2.00 (d) Rs. 7.20
57. The marked price of an electric iron is Rs. 690. The
shopkeeper allows a discount of 10% and still gains
8%. If no discount is allowed his gain percent would
have been ?

(a) 20% (b) 25%

(c) 27% (d) 30%
58. A trader sells his goods at a discount of 25%. If he
sells the goods at the market price only. His profit will
be ?

(a) 56.25% (b) 25.56%

(c) 50.25% (d) 54.25%
59. If a discount of 20% on the marked price of a shift
saves a man Rs. 150, how much did he pay for the
shirt ?

(a) Rs. 600 (b) Rs. 650

(c) Rs. 500 (d) Rs. 620
60. Ravi buys an article with a discount of 25% on its
marked price. He makes a profit of 10% by selling it at
Rs. 660. The marked price of the article was ?

(a) Rs. 600 (b) Rs. 700

(c) Rs. 800 (d) Rs. 685
41. (A) 42. (C) 43. (D) 44. (D) 45. (B)
46. (B) 47. (D) 48. (D) 49. (D) 50. (B)
51. (D) 52. (C) 53. (C) 54. (C) 55. (D)
56. (D) 57. (A) 58. (A) 59. (A) 60. (C)

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