# Discount Questions and Answers updated daily – Aptitude

Discount Questions: Solved 126 Discount Questions and answers section with explanation for various online exam preparation, various interviews, Aptitude Category online test. Category Questions section with detailed description, explanation will help you to master the topic.

## Discount Questions

101. A merchant who marked his goods up by 60 % subsequently offered a discount of 20 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:28%
Explanation:
Let the cost price be Rs. 100, increase by 60%, then Marked Price = 160 Rs. Now the discount given is 20 % Selling prince = 128 Rs. Now the effective profit is 28 for 100 Rs. So the Profit Percentage = 28 %
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102. A merchant who marked his goods up by 30 % subsequently offered a discount of 10 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:17%
Explanation:
Let the cost price be Rs. 100, increase by 30%, then Marked Price = 130 Rs. Now the discount given is 10 % Selling price = 117 Rs. Now the effective profit is 17 for 100 Rs. So the Profit Percentage = 17 %
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103. A merchant who marked his goods up by 30 % subsequently offered a discount of 5 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:23.50%
Explanation:
Let the cost price be Rs. 100, increase by 30%, then Marked Price = 130 Rs. Now the discount given is 5 % Selling prince = 123.5 Rs. Now the effective profit is 23.5 for 100 Rs. So the Profit Percentage = 23.5 %
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104. A merchant who marked his goods up by 30 % subsequently offered a discount of 6 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:22.20%
Explanation:
Let the cost price be Rs. 100, increase by 30%, then Marked Price = 130 Rs. Now the discount given is 6 % Selling price = 122.2 Rs. Now the effective profit is 22.2 for 100 Rs. So the Profit Percentage = 22.2 %
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105. A merchant who marked his goods up by 50 % subsequently offered a discount of 20 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:20%
Explanation:
Let the cost price be Rs. 100, increase by 50%, then Marked Price = 150 Rs. Now the discount given is 20 % Selling price = 120 Rs. Now the effective profit is 20 for 100 Rs. So the Profit Percentage = 20 %
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106. A merchant who marked his goods up by 50 % subsequently offered a discount of 15 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:27.50%
Explanation:
Let the cost price be Rs. 100, increase by 50%, then Marked Price = 150 Rs. Now the discount given is 15 % Selling prince = 127.5 Rs. Now the effective profit is 27.5 for 100 Rs. So the Profit Percentage = 27.5 %
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107. A merchant who marked his goods up by 40 % subsequently offered a discount of 15 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:19%
Explanation:
Let the cost price be Rs. 100, increase by 40%, then Marked Price = 140 Rs. Now the discount given is 15 % Selling price = 119 Rs. Now the effective profit is 19 for 100 Rs. So the Profit Percentage = 19 %
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108. A merchant who marked his goods up by 40 % subsequently offered a discount of 10 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:26%
Explanation:
Let the cost price be Rs. 100,
Increase by 40%, then Marked Price = 140 Rs.

Now the discount given is 10 % = 10% of 140 = 14
=> Selling price = 140 - 14 = 126 Rs

Now the effective profit is 26 for 100 Rs.
So the Profit Percentage = 26 %
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109. A merchant who marked his goods up by 50 % subsequently offered a discount of 10 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:35%
Explanation:
Let the cost price be Rs. 100, increase by 50%, then Marked Price = 150 Rs. Now the discount given is 10 % Selling price = 135 Rs. Now the effective profit is 35 for 100 Rs. So the Profit Percentage = 35 %
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110. A merchant who marked his goods up by 40 % subsequently offered a discount of 5 % on the marked price. What is the percentage profit that the merchant make after offering the discount?

Correct Ans:33%
Explanation:
Let the cost price be Rs. 100, increase by 40%, then Marked Price = 140 Rs. Now the discount given is 5 % Selling prince = 133 Rs. Now the effective profit is 33 for 100 Rs. So the Profit Percentage = 33 %
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111. A merchant who marked his goods up by 50% subsequently offered a discount of 5% on the marked price. What is the percentage profit that the merchant make after offering the discount ?

Correct Ans:42.50%
Explanation:
Let the cost price be Rs. 100, which is increased by 50%,
then Marked Price = 150 Rs.
Now the discount given is 5%
Selling price = 142.5 Rs.
Now the effective profit is 42.5 for 100 Rs.
So the Profit Percentage = 42.5 %
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112. A man purchased a cow for Rs. 1600 and sold it the same day for Rs. 3000, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of (?) Rupees:

Correct Ans:900
Explanation:
Cost Price = 1600 Selling Price = Rs. (3000 x 100) / (100 + 10 x 2) = 2500 Gain = 900 Rs
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113. A man purchased a cow for Rs. 1500 and sold it the same day for Rs. 2700, allowing the buyer a credit of 4 years. If the rate of interest be 5% per annum, then the man has a gain of (?) Rupees:

Correct Ans:750
Explanation:
Cost Price = 1500
Selling Price = Rs. (2700 x 100) / (100 + 10 x 4)
= 2250

Gain = S.P - C.P
=> Gain =2250 -1500
=> Gain =750 Rs
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114. A man purchased a cow for Rs. 1400 and sold it the same day for Rs. 2800, allowing the buyer a credit of 5 years. If the rate of interest be 5% per annum, then the man has a gain of (?) Rupees:

Correct Ans:840
Explanation:
Cost Price = 1400 Selling Price = Rs. (2800 x 100) / (100 + 10 x 5) = 2240 Gain = 840 Rs
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115. A man purchased a cow for Rs. 1200 and sold it the same day for Rs. 2400, allowing the buyer a credit of 5 years. If the rate of interest be 5% per annum, then the man has a gain of (?) Rupees:

Correct Ans:720
Explanation:
Cost Price = 1200 Selling Price = Rs. (2400 x 100) / (100 + 10 x 5) = 1920 Gain = 720 Rs
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116. A man purchased a cow for Rs. 1000 and sold it the same day for Rs. 3000, allowing the buyer a credit of 5 years. If the rate of interest be 5% per annum, then the man has a gain of (?) Rupees:

Correct Ans:1400
Explanation:
Cost Price = 1000 Selling Price = Rs. (3000 x 100) / (100 + 10 x 5) = 2400 Gain = 1400 Rs
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117. A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of (?) Rupees:

Correct Ans:0
Explanation:
Cost Price = 3000 Selling Price = Rs. (3600 x 100) / (100 + 10 x 2) = 3000 Gain = 0 Rs
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118. The marked price of a radio is 40% more than its cost price. If a discount of 10% is given on the marked price, find the gain percent.

Correct Ans:26%
Explanation:
Let the C.P = 100 Rs.

M.P = 40% more than 100.

M.P = 140 Rs.

He gives discount of 10%,
S.P = 140 - 14 = 126 Rs

Profit 26 Rs.
=> Profit percentage = 26%
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119. The marked price of a radio is 20% more than its cost price. If a discount of 20% is given on the marked price, find the gain/loss percent.

Correct Ans:loss 4 %
Explanation:
Let the C.P = 100 Rs.

M.P = 20% more than 100.

M.P = 120 Rs.

He gives discount of 20%,

S.P = 96 Rs

Loss 4 Rs. => Loss percentage = 4 %
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120. The labelled price of a product is Rs. 3000. If it is sold at 20% discount and the dealer earns 25% profit, Find its cost price.

Correct Ans:Rs. 1920
Explanation:
S.P of the product = (80/100) x 3000 = Rs. 2400

Proft = 25 % => C.P = (100/125) x 2400 = Rs. 1920
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