Discount


  1. After allowing 15% discount, the selling price of a radio becomes Rs. 255. The marked price is
    1. Rs. 500
    2. Rs. 600
    3. Rs. 400
    4. Rs. 300

  1. View Hint View Answer Discuss in Forum

    Let the marked price of radio be Rs. y.
    According to the question,
    85% of y = 255

    ⇒ 
    y × 85
    = 255
    100

    Correct Option: D

    Let the marked price of radio be Rs. y.
    According to the question,
    85% of y = 255

    ⇒ 
    y × 85
    = 255
    100

    ⇒  y =
    255 × 100
    = Rs. 300
    100


  1. A shopkeeper marks his goods 20% higher than the cost price and allows a discount of 5%. The percentage of his profit is:
    1. 15%
    2. 20%
    3. 10%
    4. 14%

  1. View Hint View Answer Discuss in Forum

    Suppose C.P. of article = Rs. 100
    Its marked price = Rs. 120
    On 5% discount ,

    ∴  S.P. =
    120 × 95
    = Rs. 114
    100

    Profit = S.P. of article - C.P. of article = 114 - 100 = Rs. 14

    Correct Option: D

    Suppose C.P. of article = Rs. 100
    Its marked price = Rs. 120
    On 5% discount ,

    ∴  S.P. =
    120 × 95
    = Rs. 114
    100

    Profit = S.P. of article - C.P. of article = 114 - 100 = Rs. 14
    ∴ Profit percent =
    Profit
    × 100
    C.P.

    Profit percent =
    14
    × 100 = 14%
    100