Discount

Q.

Question 4

If marked price of an article is Rs 1200 and the discount is 12%, then the selling price of the article is
(a) Rs 1056
(b) Rs 1344
(c) Rs 1212
(d) Rs 1188

Q.

A table marked at $Rs15000$ is available for $Rs14400$. What is the discount $\%$?

1. $4\%$

2. $10\%$

3. $40\%$

4. $60\%$

Q.

Question 68(i)

Find the SP, if
MP = Rs. 5450 and discount = 5%

Q.

Find the single discount equivalent to two successive discounts 25% and 8%.

1. 31%

2. 33%

3. 30%

4. 27%

Q.

Question 87

A shopkeeper was selling all his items at 25% discount. During the off-season, he offered 30% discount over and above the existing discount. If Pragya bought a skirt which was marked for Rs 1200, how much did she pay for it?

Q.

Find the MP, if
SP $=Rs.9250$ and discount = $7\frac{1}{2}\%$

Q.

Question 68(ii)

Find the SP, if
MP = Rs. 1300 and discount = 1.5%

Q.

Nisha goes to a shop to buy a box costing Rs. 981. The rate of the sales tax is 9 %. She tells the shopkeepers to allow a discount on the price of the box to such an extent that she pays Rs. 981 inclusive all the tax. Find the discount in the price of the box.

1. Rs. 143

2. Rs. 81

3. Rs. 91

4. Rs. 111

Q.

Question 88

Ayesha announced a festival discount of 25% on all the items in her mobile phone shop. Ramandeep bought a mobile phone for himself. He got a discount of Rs.1960. What was the marked price of the mobile phone?

Q.

The catalog price of a Music system is Rs. 24000. The shopkeeper gives a discount of 8% on the list price. He gives a further off season discount of 5% on the balance. But sales tax at 10% is charged on the remaining amount. Then final price he has to pay for music system is

1. Rs.23073.6

2. Rs.24176.6

3. Rs.23076.3

4. Rs.24174.6

Q.

Fill in the blank.

Discount = Discount $\%$of ________.

Q.

what is the journal entry for " purchase goods for Rs 200000 less trade discount of 20% and 5% cash discount from ajay for cash and supplied them to shafi at list price less 10% trade discount"

Q.

Find the successive discount equivalent to $10\%$ and $5\%$.

Q.

State whether the statement is true (T) or false (F).

A discount is a reduction given on the cost price of an article.

1. True
2. False

Q.

A shopkeeper buys a camera at a discount of 20% from a wholesaler. The printed price of the camera is Rs. 1600 and the rate of sales tax is 6%. The shopkeeper sells it to a buyer at the printed price and charges tax at the same rate. Find:

(i) The price at which the camera can be bought.

(ii) The VAT (Value Added Tax) paid by the shopkeeper.

1. Rs. 1365, Rs. 24.45

2. Rs. 1456, Rs.29.20

3. Rs. 1356.80, Rs. 96

4. Rs. 1356.80, Rs.19.20

Q.

Dinesh bought an article of Rs. 374, which include a discount of 15% on the marked price and a sales tax of 10% on the reduced price. Find the marked price on the article.

1. Rs. 360

2. Rs. 400

3. Rs. 456

4. Rs. 530

Q.

James buys a chair listed at ₹ 1, 500 and gets successive discounts of 20% and 10%. He spends ₹ 20 on transportation and sells it at a profit of 20%. Find the selling price of the chair ?

1. Rs. 1230

2. Rs. 1240

3. Rs. 1320

4. Rs. 1460

Q.

A shopkeeper buys a table listed at ₹2, 500 and gets successive discounts of $20\%$ and $10\%$. He spends ₹60 on transportation and sells it at a profit of $20\%$. Find selling price of the table.

1. Rs.1146

2. Rs.2736

3. Rs.2232

4. Rs.1543

Q.

A garment shop announces a flat 50% discount on every purchase of items for their customers. Draw the graph for the relation between the Marked Price and the Discount. Hence find:​

1. the marked price when a customer gets a discount of ₹3250 (from graph).​

2. the discount when the marked price is ₹2500.​

Q. Satwika purchases a dress for Rs 2, 298.24 which includes two successive discounts of $20\%$ and $5\%$ respectively, on the marked price and then $8\%$ sales tax on the remaining price. Find the marked price of the dress. [4 MARKS]

Q. Prasad purchased a washing machine from 'Maharashtra Electronic Goods'. A discount of 5% was given on the printed price of ₹40, 000. The rate of GST charged was 28%. Find the purchase price of the washing machine.

1. ₹48, 000
2. ₹48, 640
3. ₹40, 800
4. ₹42, 640

Q.

A shopkeeper buys an article whose list price is ₹ 400 at some rate discount from a wholesaler. He sells the article to a consumer at the list price and charges sales tax at the rate of 9 % . If the shopkeeper has to pay a VAT of ₹ 3.60, find the rate of discount at which he bought the article from the wholesaler

1. 40 %

2. 10 %

3. 5 %

4. 4.5 %

Q. A manufacuturer marks an article for Rs 5, 000. He sells it to a wholesaler at a discount of 25% on the marked price and the wholesaler sells it to a retailer at a discount of 15% on the marked price. The retailer sells it to a consumer at the marked price and at each stage the VAT is 8%. Calculate the amount of VAT received by the Government from :
(i) The wholesaler (ii) The retailer
[4 MARKS]

Q.

Question 55

If the discount of Rs y is available on the marked price of Rs x, then the discount per cent is $\frac{x}{y}\times 100\%$

Q.

A shopkeeper bought a T.V. at a discount of 30% on the list price of Rs.24, 000. The shopkeeper offers a discount of 10% on the list price to his customer.

If the VAT is 10% find the amount paid by the customer, and the VAT to be paid by the shopkeeper.

1. Rs. 23, 760; Rs.480

2. Rs. 23, 760; Rs.460

3. Rs. 24, 750; Rs.460

4. Rs. 24, 760; Rs.460

5. Rs. 24, 760; Rs.480

Q.

Suman brought a fridge for Rs. 23760 which includes a sales tax of 8%. The customer also got 12% discount on marked price of fridge. The marked price of fridge is equal to Rs.__________

1. 24000
   

2. 25000
   

3. 26000

4. 23000
   

Q.

Find the single discount equivalent to two successive discounts $50\%$ and $49\%$.

1. $65\%$

2. $99\%$

3. $85\%$

4. $74.5\%$

Q.

Chanakya sold a Beyblade and got a profit of Rs. 40. Find the cost price if he incurred a profit of 20%.

1. Rs. 200

2. Rs. 400

3. Rs. 500

4. Rs. 800

Q.

The marked price of a watch is Rs 1250 and the shopkeeper allows 6% of discount on it. Find the selling price of the watch.
[2 MARKS]

Q. The marked price of an article is Rs. 18, 000 and is available in Delhi at 30% discount. A shopkeeper from Bhopal buys this article in Delhi and spends Rs. 950 on his travelling and Rs. 450 on the transportations etc. of the article. Find the profit per cent made by the shopkeeper, if he sells the article at Bhopal at the marked price.

1. $20\frac{1}{3}$%
2. $22\frac{9}{5}$%
3. $28\frac{4}{7}$%
4. $33\frac{5}{2}$%