SSC CGL Discount and Marked Price Practice Test 7
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 7
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 7 (no login required)
- Discount and Marked Price
1. CP = ₹450, SP = ₹540. Profit percent is:
- A. 15%
- B. 18%
- C. 20% (Correct)
- D. 22%
Explanation: Profit = 90. Profit% = 90/450×100 = 20%.
- Discount and Marked Price
2. CP = ₹750, SP = ₹600. Loss percent is:
- A. 15%
- B. 18%
- C. 20% (Correct)
- D. 25%
Explanation: Loss = 150. Loss% = 150/750×100 = 20%.
- Discount and Marked Price
3. An article marked at ₹800 is sold at 15% discount. SP is:
- A. ₹650
- B. ₹660
- C. ₹680 (Correct)
- D. ₹700
Explanation: SP = 800 × 0.85 = 680.
- Discount and Marked Price
4. If SP = ₹924 at 10% profit, find CP.
- A. ₹820
- B. ₹840 (Correct)
- C. ₹860
- D. ₹880
Explanation: CP = 924 × 100/110 = 840.
- Discount and Marked Price
5. Successive discounts of 20% and 10% is equivalent to a single discount of:
- A. 28% (Correct)
- B. 30%
- C. 32%
- D. 34%
Explanation: Effective = 100 − (0.8 × 0.9 × 100) = 100−72 = 28%.
- Discount and Marked Price
6. A trader uses a 900g weight instead of 1 kg. His actual profit percent (even at cost price) is:
- A. 9.09%
- B. 10%
- C. 11.11% (Correct)
- D. 12%
Explanation: Profit% = (100/900)×100 = 11.11%.
- Discount and Marked Price
7. An article is sold at 25% profit. If CP is ₹480, SP is:
- A. ₹580
- B. ₹600 (Correct)
- C. ₹620
- D. ₹640
Explanation: SP = 480 × 1.25 = 600.
- Discount and Marked Price
8. What discount percent on MP ₹500 gives SP ₹425?
- A. 12%
- B. 13%
- C. 14%
- D. 15% (Correct)
Explanation: Discount = 75. Discount% = 75/500×100 = 15%.
- Discount and Marked Price
9. SP = ₹810 at 10% loss. Find CP.
- A. ₹850
- B. ₹880
- C. ₹900 (Correct)
- D. ₹920
Explanation: At 10% loss, SP is 90% of CP. Therefore CP = 810 x 100/90 = ₹900.
- Discount and Marked Price
10. A shopkeeper sells at 12% loss. If SP is ₹660, what was CP?
- A. ₹720
- B. ₹740
- C. ₹750 (Correct)
- D. ₹780
Explanation: CP = 660×100/88 = 750.
- Discount and Marked Price
11. A shopkeeper marks 40% above CP and gives 15% discount. Profit percent is:
- A. 14%
- B. 16%
- C. 19% (Correct)
- D. 21%
Explanation: SP = CP×1.4×0.85 = 1.19CP. Profit = 19%.
- Discount and Marked Price
12. By selling 12 pens for ₹180, a trader gains 20%. CP per pen is:
- A. ₹10
- B. ₹12
- C. ₹12.50 (Correct)
- D. ₹15
Explanation: Total SP=180, Total CP=180/1.2=150. Per pen CP=150/12=12.50.
- Discount and Marked Price
13. Two successive discounts of 30% and 20% are given. Net discount is:
- A. 40%
- B. 44% (Correct)
- C. 48%
- D. 50%
Explanation: Effective discount = 100 − (0.7×0.8×100) = 100−56 = 44%.
- Discount and Marked Price
14. At what SP should an item with CP ₹360 be sold to gain 15%?
- A. ₹400
- B. ₹404
- C. ₹412
- D. ₹414 (Correct)
Explanation: SP = 360 × 1.15 = 414.
- Discount and Marked Price
15. MP = ₹1200, discount = ₹180. Discount percent is:
- A. 12%
- B. 13.5%
- C. 15% (Correct)
- D. 18%
Explanation: 180/1200×100 = 15%.