Selected MCQ

Current Question
An umbrella marked Rs. 80 sold at Rs. 68. What is the discount percent?
  • A. 15%
  • B. 12%
  • C. 17 1/7%
  • D. 20%
Correct Answer: A
Explanation:
Discount = 12/80 ×100.
Related Question 1
At what marked price should an article costing Rs. 47.50 be sold to gain 25% after 5% discount?
  • A. Rs. 62.50
  • B. Rs. 72.50
  • C. Rs. 75.00
  • D. Rs. 80.00
Correct Answer: A
Explanation:
MP = CP × 1.25 / 0.95 = 62.50.
Related Question 2
The marked price of a VCR is Rs. 12000. After successive discounts of 15%, 10% and another discount, find the selling price.
  • A. Rs. 8400
  • B. Rs. 8721
  • C. Rs. 8856
  • D. None of these
Correct Answer: B
Explanation:
Applying successive discounts gives Rs. 8721.
Related Question 3
If the selling price of an article is Rs. 840 after 20% discount, what is the marked price?
  • A. Rs. 900
  • B. Rs. 1000
  • C. Rs. 1050
  • D. Rs. 1100
Correct Answer: C
Explanation:
80% = 840 ⇒ MP = 1050.
Related Question 4
Selling an umbrella for Rs. 300 gives 20% gain. Which discount results in the same price?
  • A. 7%
  • B. 7.5%
  • C. 8%
  • D. 9%
Correct Answer: C
Explanation:
Adjust the discount to match the gain.
Related Question 5
An article bought at Rs. 675 sold for Rs. 900. Gain percent is ____.
  • A. 16⅔%
  • B. 30%
  • C. 33⅓%
  • D. 33⅙%
Correct Answer: C
Explanation:
Profit/CP ×100.