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Discount Mcqs

Discount Mcqs for Preparation with detailed explanation.



A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article whose marked price is Rs. 880, is =_______ ?
0

A. Rs. 704
B. Rs. 640
C. Rs. 774
D. Rs. 680

A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ?
0

A. 8%
B. 10%
C. 16%
D. 20%

The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80, after getting two successive discounts, the first 10%. What was the second discount rate ?
0

A. 12%
B. 14%
C. 15%
D. 18%

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 ?
0

A. 1% gain
B. 1% loss
C. 5% gain
D. No gain no loss

If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:________?
0

A. Rs. 768
B. Rs. 968
C. Rs. 1960
D. Rs. 2400

The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
0

A. Rs. 1325
B. Rs. 1300
C. Rs. 1350
D. Rs. 1500

The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is:_______?
0

A. Rs. 1800
B. Rs. 1450
C. Rs. 1360
D. Rs. 6800

The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:
0

A. 12%
B. 14%
C. 15%
D. 16%

Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same?
0

A. Rs. 10
B. Rs. 10.40
C. Rs. 15.20
D. Rs. 13

The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:
0

A. 6 months
B. 8 months
C. 9 months
D. 10 months



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