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SSC CGL Discount and Marked Price Practice Test 2

15 SSC CGL discount and marked price questions with chapter-wise explanations and exam-style options.

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SSC CGL Discount and Marked Price Practice Test 2

15 SSC CGL discount and marked price questions with chapter-wise explanations and exam-style options.

Questions
15
Marking
+2 correct, -0.5 wrong
Format
15-question ad-supported session
Preview all 15 questions in SSC CGL Discount and Marked Price Practice Test 2 (no login required)
  1. Discount and Marked Price

    1. An article is bought for 400 and sold for 480. Profit percent is:

    • A. 15%
    • B. 18%
    • C. 20% (Correct)
    • D. 25%

    Explanation: Profit = 80, so profit% = 80/400 x 100 = 20%.

  2. Discount and Marked Price

    2. A pen is bought for 50 and sold for 45. Loss percent is:

    • A. 5%
    • B. 8%
    • C. 10% (Correct)
    • D. 12%

    Explanation: Loss = 5 on cost 50, so 10%.

  3. Discount and Marked Price

    3. Marked price is 600 and discount is 10%. Selling price is:

    • A. 520
    • B. 540 (Correct)
    • C. 560
    • D. 580

    Explanation: 10% of 600 is 60, so selling price = 540.

  4. Discount and Marked Price

    4. A shopkeeper gains 25% by selling an article for 500. Cost price is:

    • A. 380
    • B. 400 (Correct)
    • C. 420
    • D. 450

    Explanation: CP = 500/1.25 = 400.

  5. Discount and Marked Price

    5. A man sells an article at 20% loss for 320. Cost price is:

    • A. 360
    • B. 380
    • C. 400 (Correct)
    • D. 420

    Explanation: SP = 80% of CP, so CP = 320/0.8 = 400.

  6. Discount and Marked Price

    6. A 20% discount on marked price 750 gives selling price:

    • A. 550
    • B. 575
    • C. 600 (Correct)
    • D. 625

    Explanation: 20% of 750 is 150, so SP = 600.

  7. Discount and Marked Price

    7. Two successive discounts of 10% and 20% are equal to a single discount of:

    • A. 28% (Correct)
    • B. 30%
    • C. 32%
    • D. 36%

    Explanation: Net factor = 0.9 x 0.8 = 0.72, so discount = 28%.

  8. Discount and Marked Price

    8. A shopkeeper marks goods 25% above cost and gives 10% discount. Profit percent is:

    • A. 10%
    • B. 12.5% (Correct)
    • C. 15%
    • D. 20%

    Explanation: Net SP factor = 1.25 x 0.9 = 1.125, so profit = 12.5%.

  9. Discount and Marked Price

    9. CP = 200, profit = 50. SP =

    • A. 220
    • B. 240
    • C. 250 (Correct)
    • D. 260

    Explanation: SP = CP + profit = 250.

  10. Discount and Marked Price

    10. SP = 180, loss = 20. CP =

    • A. 190
    • B. 200 (Correct)
    • C. 210
    • D. 220

    Explanation: CP = SP + loss = 200.

  11. Discount and Marked Price

    11. An article sold for 360 gives neither profit nor loss. Cost price is:

    • A. 320
    • B. 340
    • C. 360 (Correct)
    • D. 380

    Explanation: No profit no loss means SP = CP.

  12. Discount and Marked Price

    12. If MP is 1000 and SP is 850, discount percent is:

    • A. 10%
    • B. 12%
    • C. 15% (Correct)
    • D. 18%

    Explanation: Discount = 150, so 150/1000 x 100 = 15%.

  13. Discount and Marked Price

    13. By selling 12 articles for the price of 10, the loss percent is:

    • A. 16 2/3% (Correct)
    • B. 18%
    • C. 20%
    • D. 25%

    Explanation: If 12 are sold at CP of 10, SP/CP = 10/12 = 5/6, so loss = 1/6 = 16 2/3%.

  14. Discount and Marked Price

    14. Marked price 500 with 5% discount gives SP:

    • A. 465
    • B. 470
    • C. 475 (Correct)
    • D. 480

    Explanation: 5% of 500 is 25, so SP = 475.

  15. Discount and Marked Price

    15. A trader gains 20% on one article and 10% on another. If CPs are equal, overall gain percent is:

    • A. 12%
    • B. 14%
    • C. 15% (Correct)
    • D. 16%

    Explanation: With equal CPs, average of profit percentages = 15%.