SSC CGL Discount and Marked Price Practice Test 8
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 8
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 8 (no login required)
- Discount and Marked Price
1. Two items sold at ₹990 each. On one, gain is 10% and on other, loss is 10%. Overall:
- A. No loss no gain
- B. Loss of ₹20 (Correct)
- C. Loss of ₹22
- D. Gain of ₹20
Explanation: Same SP rule: loss = (10)²/100 % = 1%. Overall SP=1980, CP=990/0.9+990/1.1=1100+900=2000. Loss=₹20.
- Discount and Marked Price
2. Successive discounts of 25% and 20%: effective discount:
- A. 40% (Correct)
- B. 42%
- C. 45%
- D. 50%
Explanation: 100−(0.75×0.8×100)=100−60=40%.
- Discount and Marked Price
3. CP=₹250 and profit is 12%. SP is:
- A. ₹275
- B. ₹278
- C. ₹280 (Correct)
- D. ₹285
Explanation: SP=250×1.12=280.
- Discount and Marked Price
4. By selling 25 items for ₹1, a man loses 4%. To gain 20%, he should sell items per ₹1 at:
- A. 20 (Correct)
- B. 21
- C. 22
- D. 24
Explanation: CP of 25 = 1/0.96. For 20% gain: SP=CP×1.2=1×1.2/0.96=1.25. So 1 rupee buys 1/1.25=0.8 items? Re-approach: SP=25/x. CP=25 items at 4% loss → CP×0.96=1 → CP=25/24 per item. SP to gain 20%=25/24×1.2=25/20. Items per ₹1 = 20.
- Discount and Marked Price
5. A trader marks price 50% above CP and gives 20% discount. His gain percent:
- A. 16%
- B. 18%
- C. 20% (Correct)
- D. 22%
Explanation: SP=1.5CP×0.8=1.2CP. Gain=20%.
- Discount and Marked Price
6. 100 mangoes are bought at ₹4 each. 20 rot. Remaining sold at what price per mango for 25% profit?
- A. ₹5
- B. ₹5.5
- C. ₹6
- D. ₹6.25 (Correct)
Explanation: Total CP=₹400. SP needed for 25% profit=₹500. Mangoes sold=80. SP per mango=500/80=₹6.25.
- Discount and Marked Price
7. List price ₹1400, shopkeeper gives 10% discount, then 5% more. Final price:
- A. ₹1180
- B. ₹1190
- C. ₹1197 (Correct)
- D. ₹1200
Explanation: 1400×0.9=1260. 1260×0.95=1197.
- Discount and Marked Price
8. A book sold at ₹540 incurs 10% loss. CP is:
- A. ₹580
- B. ₹596
- C. ₹600 (Correct)
- D. ₹610
Explanation: CP=540×100/90=600.
- Discount and Marked Price
9. A shopkeeper gains 15% by selling for ₹2300. His CP is:
- A. ₹1900
- B. ₹1950
- C. ₹2000 (Correct)
- D. ₹2050
Explanation: CP=2300×100/115=2000.
- Discount and Marked Price
10. SP=₹1140 after 5% discount. What is MP?
- A. ₹1160
- B. ₹1180
- C. ₹1200 (Correct)
- D. ₹1220
Explanation: MP×0.95=1140 → MP=1200.
- Discount and Marked Price
11. A man buys pens at 10 for ₹5 and sells 8 for ₹5. Gain or loss percent:
- A. 25% gain (Correct)
- B. 25% loss
- C. 20% gain
- D. No change
Explanation: CP per pen=₹0.50. SP per pen=₹5/8=₹0.625. Profit%=0.125/0.5×100=25%.
- Discount and Marked Price
12. After two successive discounts of d% each, net discount is:
- A. 2d%
- B. (2d−d²/100)% (Correct)
- C. (d+d²/100)%
- D. d²/100%
Explanation: Net discount = 100−(1−d/100)²×100 = 2d−d²/100.
- Discount and Marked Price
13. SP = ₹585, gain = 17/2 %. CP = ?
- A. ₹520
- B. ₹540 (Correct)
- C. ₹560
- D. ₹580
Explanation: CP=585×200/217≈539.9≈540.
- Discount and Marked Price
14. A person incurs 5% loss by selling watch at ₹855. At what price to gain 5%?
- A. ₹925
- B. ₹935
- C. ₹945 (Correct)
- D. ₹950
Explanation: CP=855/0.95=900. SP for 5% gain=900×1.05=945.
- Discount and Marked Price
15. SP=₹1080 at 20% profit. Cost price:
- A. ₹850
- B. ₹875
- C. ₹900 (Correct)
- D. ₹925
Explanation: CP=1080×100/120=900.