Discount
- A dealer buys a table listed at ₹ 1,500 and gets successive discounts of 20 % and 10 %. He spends ₹ 20 on transportation and sells at a profit of 20 %. Find the Selling Price of the table (in rupees).
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Single equivalent discount = 20 + 10 − 20 × 10 = 28% 100 Correct Option: A
Single equivalent discount = 20 + 10 − 20 × 10 = 28% 100 ∴ C.P of table = 1500 × (100 - 28) 100 ∴ C.P of table = 1500 × 72 100
∴ C.P of table = ₹ 1080
Actual C.P. = 1080 + 20 = ₹ 1100∴ Required S.P. = 1100 × 120 = ₹ 1320 100
- A chair listed at ₹ 350 is available at successive discounts of 25% and 10%. The selling price of the chair is
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Single equivalent discount = 25 + 10 − 25 × 10 = 32.5% 100
Alternate method to solve this question :
Here, M.P. = 350, D1 = 25 %, D2 = 10 %S.P. = M.P. 100 − D1 100 − D2 100 100
Correct Option: A
Single equivalent discount = 25 + 10 − 25 × 10 = 32.5% 100 ∴ S.P. of chair = 350 (100 − 32.5) 100 ∴ S.P. of chair = 350 × 67.5 = ₹ 236.25 100
Alternate method to solve this question :
Here, M.P. = 350, D1 = 25 %, D2 = 10 %S.P. = M.P. 100 − D1 100 − D2 100 100 S.P = 350 × 100 − 25 100 − 10 100 100 S. P = 350 × 75 × 90 = ₹ 236.25 100 100
- A purchased a dining table, marked at ₹ 3,000 at a successive discounts of 10% and 15% respectively. He gave ₹ 105 as transportation charge and sold it at ₹ 3,200. What is his gain percentage?
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Cost Price for A = 3000 × 90 × 85 = ₹ 2295 100 100 Correct Option: C
Cost Price for A = 3000 × 90 × 85 = ₹ 2295 100 100
Actual Cost Price for A = 2295 + 105 = ₹ 2400∴ Gain % = 800 × 100 2400 Gain % = 100 = 33 1 % 3 3
- The difference between successive discounts of 40% followed by 30% and 45% followed by 20% on the marked price of an article is Rs. 12. The marked price of the article is :
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Single equivalent discount for 40% and 30%
= 40 + 30 − 40 × 30 % 100
= (70 – 12)% = 58%
Single equivalent discount for 45% and 20%= 45 + 20 − 45 × 20 % 100
= (65 – 9)% = 56%
Let the marked price be Rs. M.
According to the question,
M × (58 – 56)% = 12
Correct Option: D
Single equivalent discount for 40% and 30%
= 40 + 30 − 40 × 30 % 100
= (70 – 12)% = 58%
Single equivalent discount for 45% and 20%= 45 + 20 − 45 × 20 % 100
= (65 – 9)% = 56%
Let the marked price be Rs. M.
According to the question,
M × (58 – 56)% = 12⇒ M × 2 = 12 100 ⇒ M = 1200 = Rs. 600 2
- The cost price of an article is ₹ 100. A discount series of 5 %, 10 % successively reduces the price of a article by
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As we know the formula for two successive discount.
Equivalent single discount = D1 + D2 − D1 × D2 % 100 Correct Option: B
As we know the formula for two successive discount.
Equivalent single discount = D1 + D2 − D1 × D2 % 100 Single equivalent discount = 10 + 5 − 10 × 5 = 14.5% 100
i.e. ₹ 14.50