SSC CGL Discount and Marked Price Practice Test 4
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 4
15 SSC CGL discount and marked price questions with chapter-wise explanations and exam-style options.
Preview all 15 questions in SSC CGL Discount and Marked Price Practice Test 4 (no login required)
- Discount and Marked Price
1. A shopkeeper buys an item for Rs. 640 and sells it for Rs. 736. Profit percent is:
- A. 12%
- B. 15% (Correct)
- C. 18%
- D. 20%
Explanation: Profit = 96, and 96/640 x 100 = 15%.
- Discount and Marked Price
2. An article bought for Rs. 900 is sold for Rs. 810. Loss percent is:
- A. 8%
- B. 10% (Correct)
- C. 12%
- D. 15%
Explanation: Loss = 90, so 90/900 x 100 = 10%.
- Discount and Marked Price
3. Marked price is Rs. 2000 and discount is 10%. Selling price is:
- A. 1700
- B. 1750
- C. 1800 (Correct)
- D. 1900
Explanation: 10% of 2000 is 200, so selling price = 1800.
- Discount and Marked Price
4. A trader makes 25% profit by selling an article for Rs. 500. Cost price is:
- A. 380
- B. 400 (Correct)
- C. 420
- D. 450
Explanation: Cost price = 500/1.25 = 400.
- Discount and Marked Price
5. At 20% loss, an article is sold for Rs. 480. Cost price is:
- A. 560
- B. 580
- C. 600 (Correct)
- D. 620
Explanation: Rs. 480 is 80% of the cost price, so CP = 600.
- Discount and Marked Price
6. An article with marked price Rs. 1500 is sold after 12% discount. Selling price is:
- A. 1290
- B. 1310
- C. 1320 (Correct)
- D. 1340
Explanation: Discount = 180, so selling price = 1320.
- Discount and Marked Price
7. Successive discounts of 10% and 20% are equal to a single discount of:
- A. 26%
- B. 27%
- C. 28% (Correct)
- D. 30%
Explanation: Net factor = 0.9 x 0.8 = 0.72, so net discount is 28%.
- Discount and Marked Price
8. Goods are marked 30% above cost and sold at 10% discount. Profit percent is:
- A. 14%
- B. 16%
- C. 17% (Correct)
- D. 18%
Explanation: Net factor = 1.3 x 0.9 = 1.17, so profit = 17%.
- Discount and Marked Price
9. If selling price equals cost price, the transaction results in:
- A. Profit
- B. Loss
- C. No profit no loss (Correct)
- D. Discount only
Explanation: When CP = SP, gain and loss are both zero.
- Discount and Marked Price
10. A discount of 20% on marked price Rs. 750 gives selling price:
- A. 580
- B. 600 (Correct)
- C. 620
- D. 650
Explanation: 20% of 750 is 150, so SP = 600.
- Discount and Marked Price
11. CP is Rs. 450 and profit is Rs. 90. Profit percent is:
- A. 18%
- B. 20% (Correct)
- C. 22%
- D. 25%
Explanation: 90/450 x 100 = 20%.
- Discount and Marked Price
12. Selling price is Rs. 680 and loss is 15%. Cost price is:
- A. 760
- B. 780
- C. 800 (Correct)
- D. 820
Explanation: Rs. 680 is 85% of CP, so CP = 680/0.85 = 800.
- Discount and Marked Price
13. A shopkeeper allows 20% discount and still makes 20% profit. If cost price is Rs. 500, marked price is:
- A. 700
- B. 720
- C. 740
- D. 750 (Correct)
Explanation: Selling price must be 600. If that is 80% of marked price, marked price = 750.
- Discount and Marked Price
14. 12.5% discount on Rs. 480 equals:
- A. 50
- B. 55
- C. 60 (Correct)
- D. 65
Explanation: 12.5% is 1/8, and 480/8 = 60.
- Discount and Marked Price
15. Selling 8 articles for the cost price of 10 articles results in:
- A. 20% gain
- B. 25% gain (Correct)
- C. 20% loss
- D. 25% loss
Explanation: If the selling price of 8 articles equals the cost price of 10, then SP/CP = 10/8 = 1.25, so gain = 25%.