Download important Discount Questions PDF based on previously asked questions in IBPS Clerk and other Banking Exams. Practice Discount Question and Answers for IBPS Clerk Exam.<\/p>\n
Download Discount Questions For IBPS Clerk<\/a><\/p>\n 105 IBPS Clerk for just Rs. 199<\/a><\/p>\n Take Free IBPS Clerk Mock Test<\/a><\/p>\n Download IBPS Clerk Previous papers PDF<\/a><\/p>\n Go to Free Banking Study Material<\/a> (15,000 Solved Questions)<\/p>\n Question 1:\u00a0<\/b>A trader sells an item to a retailer at 20% discount, but charges 10% on the discounted price, for delivery and packaging. The retailer sells it for Rs. 2046 more, thereby earning a profit of 25%. At what price had the trader marked the item?<\/p>\n a)\u00a0Rs. 9400<\/p>\n b)\u00a0Rs. 9000<\/p>\n c)\u00a0Rs. 8000<\/p>\n d)\u00a0Rs. 12000<\/p>\n e)\u00a0Rs. 9300<\/p>\n Question 2:\u00a0<\/b>A profit of 25% is earned on goods when a discount of 20% is allowed on the marked price. What profit percentage will be earned when a discount of 10% is allowed on the marked price?<\/p>\n a)\u00a0$45\\frac{9}{11}$<\/p>\n b)\u00a0$42\\frac{3}{4}$<\/p>\n c)\u00a0$40\\frac{5}{8}$<\/p>\n d)\u00a0$37\\frac{2}{3}$<\/p>\n e)\u00a0None of these<\/p>\n Question 3:\u00a0<\/b>A shopkeeper sold first unit of an article to Aria at 20% discount and the second unit of the same article at 40% discount. If the shopkeeper earned an overall profit of 5%, the marked price of the article was what percent of the cost price of the article ?<\/p>\n a)\u00a0200<\/p>\n b)\u00a0150<\/p>\n c)\u00a0125<\/p>\n d)\u00a0160<\/p>\n e)\u00a0120<\/p>\n IBPS Clerk Online Mock Test<\/a><\/p>\n Question 4:\u00a0<\/b>Deepa bought a calculator with 30% discount on the listed price. Had she not got the discount she would have paid Rs 82.50. extra At what price did she buy the calculator ?<\/p>\n a)\u00a0Rs 192.50<\/p>\n b)\u00a0Rs 275<\/p>\n c)\u00a0Rs 117.85<\/p>\n d)\u00a0Cannot be determined<\/p>\n e)\u00a0None of these<\/p>\n Question 5:\u00a0<\/b>A profit of 8% is made by selling a shirt after offering a discount of 12%. If the marked price of the shirt is Rs.1,080\/-, find its cost price.<\/p>\n a)\u00a0Rs.890\/-<\/p>\n b)\u00a0Rs. 780\/-<\/p>\n c)\u00a0Rs.880\/-<\/p>\n d)\u00a0Rs.900\/-<\/p>\n e)\u00a0None of these<\/p>\n Question 6:\u00a0<\/b>A shopkeeper labelled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labelled price. What is the actual percent profit earned in the deal?<\/p>\n a)\u00a018%<\/p>\n b)\u00a015%<\/p>\n c)\u00a020%<\/p>\n d)\u00a0Cannot be determined<\/p>\n e)\u00a0None of these<\/p>\n IBPS Clerk Previous Papers<\/a><\/p>\n Question 7:\u00a0<\/b>A person bought an article on 40% discount and sold it at 50% more than the marked price. What profit did he get?<\/p>\n a)\u00a0250 %<\/p>\n b)\u00a0150 %<\/p>\n c)\u00a0350 %<\/p>\n d)\u00a0200 %<\/p>\n e)\u00a0None of these<\/p>\n Question 8:\u00a0<\/b>An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?<\/p>\n a)\u00a04<\/p>\n b)\u00a07<\/p>\n c)\u00a05<\/p>\n d)\u00a03<\/p>\n e)\u00a06<\/p>\n Question 9:\u00a0<\/b>A shopkeeper sold an article at 20% discount and earned d profit of 4%. By what percent the marked price of the article more than the cost price of the article ?<\/p>\n a)\u00a020%<\/p>\n b)\u00a015%<\/p>\n c)\u00a040%<\/p>\n d)\u00a025%<\/p>\n e)\u00a030%<\/p>\n Question 10:\u00a0<\/b>A shopkeeper sold a T.V. set for Rs. 17,940\/-, with a discount of 8% and gained 19.6% If no discount is allowed, what will be his gain per cent?<\/p>\n a)\u00a025%<\/p>\n b)\u00a026.4%<\/p>\n c)\u00a024.8%<\/p>\n d)\u00a0Cannot be determined<\/p>\n e)\u00a0None of these<\/p>\n IBPS Clerk Important Questions PDF<\/a><\/p>\n Free Banking Study Material (15,000 Solved Questions)<\/a><\/p>\n Question 11:\u00a0<\/b>A seller marks the price 50% above the cost price and gives 10% discount on an item.While selling, he cheats customer by giving 20% less in weight. Find his overall profit percent (approximate) ?<\/p>\n a)\u00a026%<\/p>\n b)\u00a065%<\/p>\n c)\u00a068%<\/p>\n d)\u00a072%<\/p>\n e)\u00a076%<\/p>\n Question 12:\u00a0<\/b>A shopkeeper bought 84 identical shirts priced at Rs. 240 each. He spent a total of Rs. 3200 on transportation and packaging. He put the label of marked price of Rs.420 on each shirt. He offered a discount of 15% on each shirt at the marked price. What is the total profit of the shopkeeper in the whole transaction ?<\/p>\n a)\u00a0Rs. 6258<\/p>\n b)\u00a0Rs. 6528<\/p>\n c)\u00a0Rs. 6268<\/p>\n d)\u00a0Rs. 6628<\/p>\n e)\u00a0None of these<\/p>\n Question 13:\u00a0<\/b>Vishal sold an article for Rs 1,840 and made 15 per cent profit on the discounted price he bought.If the discount was 20 per cent.What was the original price ?<\/p>\n a)\u00a0Rs 1,900<\/p>\n b)\u00a0Rs 1,600<\/p>\n c)\u00a0Rs 2,400<\/p>\n d)\u00a0Can\u2019t be determined<\/p>\n e)\u00a0None of these<\/p>\n Question 14:\u00a0<\/b>A merchant bought some goods worth Rs. 6000 and sold half of them at 12% profit. At what profit per cent should he sell the remaining goods so as to make an overall profit of 18%?<\/p>\n a)\u00a024<\/p>\n b)\u00a028<\/p>\n c)\u00a018<\/p>\n d)\u00a020<\/p>\n e)\u00a026<\/p>\n Question 15:\u00a0<\/b>Cost price of two beds are equal. One bed is sold at a profit of 30% and the other one for Rs. 5,504\/less than the first one. If the overall profit earned after selling both the beds is 14%, what is the cost price of each bed ?<\/p>\n a)\u00a0Rs. 17,000<\/p>\n b)\u00a0Rs. 16,800<\/p>\n c)\u00a0Rs. 17,600<\/p>\n d)\u00a0Rs. 17,800<\/p>\n e)\u00a0Rs. 17,200<\/p>\n Daily Free Banking Online Tests<\/a><\/p>\n Answers & Solutions:<\/strong><\/span><\/p>\n 1)\u00a0Answer\u00a0(E)<\/strong><\/p>\n Let Marked price of item = $Rs. 100x$<\/p>\n => Selling price of trader = Cost price of retailer = $100x \\times \\frac{80}{100} \\times \\frac{110}{100}$<\/p>\n = $Rs. 88x$<\/p>\n Selling price of retailer = $Rs. (88x + 2046)$<\/p>\n Profit % = $\\frac{(88x + 2046) – 88x}{88x} \\times 100 = 25$<\/p>\n => $\\frac{2046}{88x} = \\frac{25}{100} = \\frac{1}{4}$<\/p>\n => $x = \\frac{2046 \\times 4}{88} = 93$<\/p>\n $\\therefore$ Marked price = $100 \\times 93 = Rs. 9,300$<\/p>\n 2)\u00a0Answer\u00a0(C)<\/strong><\/p>\n Let the\u00a0Marked Price = Rs. 100<\/p>\n => Selling price = $\\frac{80}{100} \\times 100 = 80$<\/p>\n $\\therefore$ Cost price = $\\frac{100}{125} \\times 80 = 64$<\/p>\n When discount of 10% is allowed<\/p>\n => S.P. = $\\frac{90}{100} \\times 100 = 90$<\/p>\n $\\therefore$ Required Profit % = $\\frac{90 – 64}{64} \\times 100$<\/p>\n = $\\frac{325}{8} = 40\\frac{5}{8} \\%$<\/p>\n 3)\u00a0Answer\u00a0(B)<\/strong><\/p>\n Let the cost price of each article = Rs. $100x$<\/p>\n => C.P. of both articles = $2 \\times 100x = 200x$<\/p>\n => Selling price = $\\frac{105}{100} \\times 200x = 210x$ ——————Eqn(1)<\/p>\n Let the marked price = Rs. $100y$<\/p>\n Selling price of 1st article after 20% discount = $\\frac{80}{100} \\times 100y = 80y$<\/p>\n Selling price of 2nd article after 40% discount = $\\frac{60}{100} \\times 100y = 60y$<\/p>\n => Total selling price = $80y + 60y = 140y$ ——————–Eqn(2)<\/p>\n Comparing eqns(1) & (2), we get\u00a0:<\/p>\n => $210x = 140y$<\/p>\n => $\\frac{y}{x} = \\frac{210}{140} = \\frac{3}{2}$<\/p>\n $\\therefore$ Required % = $\\frac{3}{2} \\times 100 = 150 \\%$<\/p>\n 4)\u00a0Answer\u00a0(A)<\/strong><\/p>\n Let the listed price of the calculator be L. Hence, L = 82.50\/0.3 = 275 5)\u00a0Answer\u00a0(C)<\/strong><\/p>\n Let cost price = Rs. $100x$<\/p>\n => Selling price = $100x + \\frac{8}{100} \\times 100x$<\/p>\n = $108x$<\/p>\n Now, after offering 12% discount, Marked price = $\\frac{88}{100} \\times 1080 = 108x$<\/p>\n => $\\frac{88}{10} = \\frac{108x}{108}$<\/p>\n => $x = \\frac{88}{10} = 8.8$<\/p>\n $\\therefore$ C.P. = 100 * 8.8 = Rs. 880<\/p>\n 6)\u00a0Answer\u00a0(E)<\/strong><\/p>\n Let the cost price of the article is 100<\/p>\n In order to earn 30% profit, the shopkeeper will sell it for 130<\/p>\n Discount = 10% of 130 = 13<\/p>\n SP = 130-13 = 117<\/p>\n Profit % =$\\frac{117-100}{100}*100$ = 17%<\/p>\n 7)\u00a0Answer\u00a0(B)<\/strong><\/p>\n Let the marked price be Rs. 100. 8)\u00a0Answer\u00a0(A)<\/strong><\/p>\n Marked price = 78,350 + 30% of 78,350 = Rs 1,01,855 9)\u00a0Answer\u00a0(E)<\/strong><\/p>\n Let the cost price of each article = Rs. $100x$<\/p>\n => Selling price = $\\frac{104}{100} \\times 100x = 104x$ ——————Eqn(1)<\/p>\n Let the marked price = Rs. $100y$<\/p>\n Selling price of article after 20% discount = $\\frac{80}{100} \\times 100y = 80y$ ————Eqn(2)<\/p>\n Comparing eqns(1) & (2), we get\u00a0:<\/p>\n => $104x = 80y$<\/p>\n => $\\frac{y}{x} = \\frac{104}{80} = \\frac{13}{10}$<\/p>\n $\\therefore$ Required % by which marked price is more than the cost price<\/p>\n = $\\frac{13 – 10}{10} \\times 100 = 30 \\%$<\/p>\n 10)\u00a0Answer\u00a0(E)<\/strong><\/p>\n Let C.P. = Rs. $100x$<\/p>\n => Selling price after profit of 19.6 %<\/p>\n = $100x + \\frac{19.6}{100} \\times 100x = 119.6x$<\/p>\n Acc. to ques,<\/p>\n => $119.6x = 17,940$<\/p>\n => $x = \\frac{17,940}{119.6} = 150$<\/p>\n => C.P. = Rs. $15,000$<\/p>\n Marked price after discount of 8%<\/p>\n = $\\frac{100}{92} \\times 17,940$<\/p>\n = $19,500$<\/p>\n $\\therefore$ Profit when no discount is given<\/p>\n = $\\frac{19,500 – 15,000}{15,000} \\times 100$<\/p>\n =\u00a0$\\frac{45}{15} \\times 10 = 30 \\%$<\/p>\n 11)\u00a0Answer\u00a0(C)<\/strong><\/p>\n Let the cost price be Rs 100 and amount of product be 100 gm<\/p>\n Now there is 50% markup so the marked price becomes Rs 150<\/p>\n Now after 10% discount on Marked price the selling price = Rs (150 – 15) = Rs 135<\/p>\n Now it is said that he only sale 80 % of the quantity So,<\/p>\n he is selling 80 gm in 135 Rs which means SP of 1 gm is = Rs 1.6875<\/p>\n Cost price of 1 gm = Rs 1<\/p>\n So profit percentage is 68.75 % ~ 68%<\/p>\n <\/p>\n 12)\u00a0Answer\u00a0(D)<\/strong><\/p>\n total cost of buying 84 shirts at Rs 240 each = Rs(84×240) = Rs 20160<\/p>\n Transportation cost = Rs 3200<\/p>\n Total cost = 3200 + 20160 = Rs 23360<\/p>\n As 15 % discount is given on marked price of 420 so selling price = 0.85 x 420 = Rs 357<\/p>\n total selling price of 84 shirts = 84 x 357 = Rs 29988<\/p>\n Total profit = 29988 – 23360 = Rs 6628<\/p>\n 13)\u00a0Answer\u00a0(E)<\/strong><\/p>\n let the original price be Rs y<\/p>\n So after 20% discount it becomes = 0.8 y<\/p>\n Now as the article is sold at 15 % profit so Selling Price = 1.15 \u00d7 0.8 y = 1840<\/p>\n y = Rs 2000<\/p>\n 14)\u00a0Answer\u00a0(A)<\/strong><\/p>\n Total profit to be made = 18% Since 12% profit is to be earned on 100% of the quantity, 24% of profit is to be made on half of the qunatity.<\/p>\n 15)\u00a0Answer\u00a0(E)<\/strong><\/p>\n Let the cost price of each bed Rs C per bed<\/p>\n Selling price of one bed (S1) = 1.3 C<\/p>\n Selling Price of another friend (S2) = 1.3C – 5504<\/p>\n it is given that overall profit is 14 % on selling both beds so ,<\/p>\n S1 + S2 = 1.14(2C)<\/p>\n 1.3C + 1.3C – 5504 = 2.28C<\/p>\n 0.32C = 5504<\/p>\n C = Rs 17200<\/p>\n Highly Rated Free Preparation App for Banking Exams<\/a><\/p>\n
\nHence, the price at which Deepa bought the calculator is 0.7L.
\nThe difference between the two is 0.3L = 82.50<\/p>\n
\nHence, the price at which Deepa bought the calculator is 275 – 82.50 = 192.50<\/p>\n
\nThen cost price = 100 – 40 = Rs. 60
\nSelling price = 100+ 50 = Rs. 150
\nProfit = 150 – 60 = 90
\nProfit%=90\/60\u00d7100=150%<\/p>\n
\nPrice after discount = 101855 -20% of 101855 = Rs 81,484
\nProfit = Rs 3,134<\/p>\n
\nProfit already made = 6% (12% on half of total value means 6% on total value)
\nProfit remaining = 12%<\/p>\n