1

DISCOUNT
NATIONALISED BANKS
& IBPS PO/MT/SO
1.

2.

3.

4.

5.

SBI PO EXAMS
1.

A shopkeeper sells 25 articles at 45/- per

article after giving 10% discount and gains
50% proflt. If the discount is not given what
is the proflt gained ?

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
2
(1) 60%
(2) 60 %
calculator ?
3
(1) Rs. 192.50
(2) Rs. 275
2
(3) 66 %
(4) 66%
(3) Rs. 117.85
3
(4) Cannot be determined
(5) None of these
(5) None of these
(SBI Associate Banks
Canara Bank PO Ezam. 09.02.2003)
PO Exam. 16.07.2000)
Naresh purchased a TV set for Rs. 11,250 2.
Deepa bought a calculator with 30%
after getting discount of 10% on the labelled
discount on the listed price. Had she not
price. He spent Rs. 150 on transport and
got the discount, she would have paid Rs.
Rs. 800 on installation. At what price
82.50 extra. At what price did she buy the
should it be sold so that the proflt earned
calculator ?
would have been 15% if no discount was
(1) Rs. 192.50
offered ?
(2) Rs. 275
(1) Rs. 12937.50
(2) Rs. 14,030
(3) Rs. 117.85
(3) Rs. 13,450
(4) Rs. 15467.50
(4) Cannot be determined
(5) None of these
(5) None of these
(United Bank of India
(SBI Associate Banks
PO Exam. 21.06.2009)
PO Exam. 07.01.2007)
Manoj sold an article for Rs. 15,000. Had 3.
While selling a watch, a shopkeeper gives
he offered a discount of 10% on the selling
a discount of 15% . If he gives a discount of
price he would have earned a profit of 8% .
20% , he earns Rs. 51 less as proflt. What
What is the cost price ?
is the original price of the watch ?
(1) Rs. 12,500
(2) Rs. 13,500
(1) Rs. 920
(2) Rs. 985
(3) Rs. 12,250
(4) Rs. 13,250
(3) Rs. 1125
(4) Rs. 1020
(5) None of these
(5) None of these
Andhra Bank PO Exaxn. 05.07.2009)
(SBI PO Preliminary (Tire-I)
A man buys a single apple for Rs. 25. If he
Exam. 27.07.2008)
were to buy a dozen apples, he would have
to pay a total amount of Rs. 250. What
RBI GRADE-B OFFICE EXAMS
wo ul d be the approx imate pe rcen t
1.
A
shopkeeper
sold a T.V. set for Rs. 17,940,
discount he would get on buying a dozen
with
a
discount
of 8% and gained 19.6% If
apples ?
no
discount
is
allowed,
what will be his gain
(1) 32
(2) 20
per
cent
?
(3) 12
(4) 8
(1) 25%
(5) 17
(2) 26.4%
(Bank Of India Banking Officer
(3) 24.8%
Exam. 24.01.2010)
(4) Cannot be determined
A discount of 15% is given on the marked
(5) None of these
price of an article. The shopkeeper charges
(RBI Grade-B Officer Exam.17.11.2002)
sales tax of 6% on the discounted price. If
the selling price be Rs. 1081.20, what is
the marked price of the article ?
INSURANCE EXAMS
(1) Rs. 1185.20
(2) Rs. 1250.20
1.
A company decided to sell Rs. 50.000, T.V.
(3) Rs. 302
(4) Rs. 1200
set for Rs. 46,000/- as a world cup offer.
(5) None of these
What is the percentage discount offered by
(Indian Overseas Bank PO
the company ?
Online Exam. 01.09.2013)
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2
(1) 7.5
(3) 6.5
(5) 8%

2.

3.

4.

(2) 7
(4) 8.5

(United India Insurance Co.

AAO Exam. 21.04.2002)
The labelled price of a cupboard is Rs.
6,500/-. The shopkeeper sold it by giving
5% discount on the labelled price and
earn ed a pro fi t of 15% . Wh at
approximately is the cost price of the
cupboard ?
(1) Rs. 5,800/(2) Rs. 5,600/(3) Rs. 5,000/(4) Rs. 6,000/(5) Rs. 5,369/(LIC Assistant Adminiatrative
Officer (AAO) Exam. 24.04.2005)
On a Rs. 10,000 payment order, a person
has choice between 3 successive discounts
of 10% , 10% and 30% , and 3 successive
discounts of 40% , 5% and 5% . By choosing
the better one he can save (in Rupees) :
(1) 200
(2) 255
(3) 400
(4) 433
(United India Insurance Co.
(AAO) Exam. 11.03.2007)
A book is listed at Rs. 150, with a discount
of 20 per cent. What additional discount
must be offered to bring the net price to
Rs. 108 ?
(1) 8 per cent
(2) 10 per cent
1
(3) 12 per cent
(4) 15 per cent
2
(LIC Assitant Administrative
Offlcer (AAO) Exam. 07.06.2009)

5.

6.

7.

8.

9.

A shopkeeper marks his goods at such a

price that after allowing a discount of 12.5%
on the marked price, he still earns a profit
of 10% . The marked price of an article
which costs him Rs. 4,900 is
(1) Rs. 5,390
(2) Rs. 6,160
(3) Rs. 5,490
(4) Rs. 6,260
(New India Assurance
AO Exam. 25.10.2009)
A T-shirt marked at Rs. 400 is sold for Rs.
360. The rate of discount is :
(1) 12
(2) 10
(3) 15
(4) 17
(NICL (GIC) A (Flnance)
Exam. 08.09.2013 (Paper-I)
The difference between a discount of 40%
on Rs. 500 and two successive discounts
of 36% and 4% on the same amount is
(1) Rs 0
(2) Rs 2
(3) Rs 1.93
(4) Rs 7.20
(NICL (GIC) AO Exam.
08.09.2013 (Paper-I)
A dealer offers a discount of 10% on the
marked price of an article and stili makes a
profit of 20% . If its marked price is Rs. 800,
then the cost price is:
(1) Rs. 600
(2) Rs. 700
(3) Rs. 800
(4) Rs. 900
(NICL (GIC) Administrative
Offlcer Exam. 15.12.2013)
A seller allows a discount of 5% on a watch.
If he allows a discount of 7% , he earns Rs
15 less in the profit What is the marked
price ?
(1) Rs. 697.50
(2) Rs. 712.50
(3) Rs. 750
(4) Rs. 817.50
(NICL (GIC) AO (Finance)
Offlcer Exam. 15.12.2013)

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3
SHORT ANSWERS
NATIONALISED BANKS
& IBPS PO/MT/SO
1.
3.
5.

(1)
(1)
(4)

1.
3.

(3)
(4)

4.

2. (2)
4. (5)

300 x
= 50
100

SBI PO EXAMS
2. (1)

RBI GRADE-B OFFICER EXAMS

(5)

= Rs.

INSURANCE EXAMS
1.
3.
5.
7.
9.

2. (5)
4. (2)
6. (2)
8. (1)

(5)
(2)
(2)
(4)
(3)

(1) Let the listed price be Rs. x.

Discount = 30% of x

85 x
17 x
= Rs.
100
20

17 x 106

Actual S.P. = Rs.

20 100

EXPLANAT10NS
NATIONALISED BANKS
IBPS & PO/MT/SO
1.

50 100
= 16.67
300
(4) If the marked price of that article be Rs.
x, then
Price after discount of 15%

x=

5.
1.

x = Rs. 12500
(5) C.P in first case
= Rs. (25 12) = Rs. 300
Discount = Rs. 50.
If the discount be x % , then

17 x 106

= 1081.20
20 100

x =

1081.20 20 100
= Rs. 1200
17 106

SBI PO EXAMS
1.

30 x
3x
= Rs.
100
10
According to the question,

(3) Total marked Price of article

= 25 45 = Rs. 1125/Selling Price (Giving 10% discount)
=

3x
= 82.5
10

90
of 1125 = Rs 1012.5
100

1012.50
100 = Rs 675
150
Now the selling price is Rs. 1125 then profit
= 1125 - 675 = Rs 450

CP =
82.5 10
= Rs. 275
3
Required cost price of calculator
= 70% of 275

x=

70 275
= Rs. 192.50
100
(2) Total cost of the TV set
= Rs. (11250 + 150 + 800)
= Rs. 12200
Required SP

= Rs
2.

3.

115

= Rs. 12200

100

= Rs. 14030
(1) Let the cost price be Rs. x.
90% of 15000 = 108% of x

x=

90 15000
108

450
2
100 = 66 %
675
3
(1) Let the listed price be Rs. x.
Discount = 30% of x

% profit =
2.

30 x
3x
= Rs.
100
10
According to the question,

3x
= 82.5
10
82.5 10
= Rs. 275
3
Required cost price of calculator
= 70% of 275

x=

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3.

70 275
= Rs.
= Rs. 192.50
100
(4) Let the marked price be Rs. x
First S.P. = 85% of Rs. x
= Rs. 0.85x
Second S.P. = 80% of Rs. x
= Rs. 0.8x
According to the question,
0.85x - 0.8x = 51
51
x=
= Rs. 1020
0.05

4.

(2) After a discount of 20% cost of the book

= 80% of Rs. 150
150 80
= Rs. 120
100
Second discount
= 120 - 108 = Rs. 12

additional discount% =

5.

(2) Tricky approach

SP of the article
= 4900

RBI GRADE-B OFFICER EXAMS

1.

(5) MP =

17940
100 = Rs 15000
119.6
If no discount is given,
Profit = 19500 - 15000 = Rs 4500

6.
7.

4500
Profit% = 15000 100 = 30%

(5) Required percentage discount

=

50000 46000
50000

100

4
100 = 8%
50
(5) According to question,

400 360
100 = 10%
400
(4) Si ng le equi vale nt di scou nt for
successive discounts of 36% and 4%

(2) Discount% =

36 4

= 36 4
%
100

= 38.56%
Difference
= 500 (40 - 38.56)%

INSURANCE EXAMS
1.

500 1.44
= Rs. 7.20
100
(1) Marked Price = Rs. 800

=
8.

=
2.

Selling Price =

3.

S.P =

6500 95
= Rs. 6175
100

6175
100
115
= Rs. 5269.96 Rs. 5369
(2) Selling price in the first case
= 70% of 90% of 90% of Rs. 10000

Cost Price =

70 90 90
=

10000
100 100 100
= Rs. 5670
Selling price in the second case
= 95% of 95% of 60% of Rs. 10000

110
= Rs. 5390
100

100
Marked price = 87.5 5390
= Rs. 6160

17940
100 = Rs 19500
92

CP =

12
100 = 10%
120

9.

800 90
= Rs. 720
100

100
CP = 120 720 = Rs. 600
(3) If the marked price be Rs. x then,
(7- 5)% of x = 15

x2
= 15
100

x=

1500
= Rs. 750
2

95
95
60

10000
100 100 100
= Rs. 5415
Saving = Rs. (5670 - 5415) = Rs. 255

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MODEL EXERCISES
1.

2.

3.

4.

5.

What price should a shopkeeper mark on

an article costing him Rs 153 to gain 20%
after allowing a discount of 15% ?
(1) Rs 162
(2) Rs 184
(3) Rs 216
(4) Rs 224
(5) None of these
Sunder purchased an office bag with a price
tag of Rs 600 in a sale where 25% discount
was being offered on the tag price. He was
given a further discount of 10% on the
amount arrived at after giving usual 25%
discount. What was the final amount paid
by Sunder ?
(1) Rs 210
(2) Rs 540
(3) Rs 405
(4) Rs 450
(5) None of these
A bicycle originally costs Rs 100 and was
discounted 10% . After three months, it was
sold after being discounted 15% . Howmuch
was the bicycle sold for ?
(1) Rs 55.5
(2) Rs 95.25
(3) Rs 76.5
(4) None of these
(5) All of these
A shopkeeper sold a TV set for Rs 17940,
with a discount of 8% and gained 19.6% . If
no discount is allowed, then what will be
his gain per cent ?
(1) 25%
(2) 26.4 %
(3) 24.8%
(4) 30%
(5) None of these
A cash payment that wlll settle a bill for
250 chairs at Rs 50 per chair less 20% and
15% with a further discount of 5% on cash
payment is :
(1) Rs 8075
(2) Rs 7025
(3) Rs 8500
(4) Rs 7125
(5) None of these

6.

7.

8.

9.

10.

A shopkeeper marks the prices of his goods

at 25% higher than the original price. After
that, he allows a discount of 12% discount.
What profit or loss did he get ?
(1) 15% profit
(2) 10% profit
(3) 10% loss
(4) 15% loss
(5) None of these
A shopkeepers announce the same price of
Rs 700 for a shirt. The first offers successive
discounts of 30% and 6% while the second
offers successive discounts of 20% and
16% . The shopkeeper that offers better
discount is more of
(1) Rs 22.40
(2) Rs 16.80
(3) Rs 9.80
(4) Rs 36.40
(5) None of these
A tradesman gives 4% discount on the
marked price and 1 article free with every
15 articles bought and still gains 35% . The
marked price is more than the cost price
by(1) 40%
(2) 39%
(3) 20%
(4) 50%
(5) None of these
What is the maximum percentage discount
that a merchant can offer on her marked
price so that she ends up selling at no profit
or loss, if she had initially marked her goods
up by 50% ?
(1) 16.67%
(2) 20%
(3) 50%
(4) 33.33%
(5) None of these
An article is listed at Rs 65. A customer
bought this article for Rs 56.16 with two
successive discounts of which one is 10% .
The other discount of this discount scheme
that was allowed by the shopkeeper is
(1) 4%
(2) 3%
(3) 6%
(4) 2.5%
(5) None of these

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6
SHORT ANSWERS
1.
3.
5.
7.
9.

7.

2. (3)
4. (4)
6. (2)
8. (4)
10. (1)

(3)
(3)
(1)
(3)
(4)

70
94

= Rs 460.60
100 100
Selling price of second shopkeeper

= 700

(3) According to question,

CP = Rs 153, gain 20%
SP = 153

120
= Rs 183.60
100

8.

Discount on articles =

183.60
100 = Rs 216
85
(3) Final amount after giving successive
discounts of 25% and 10%
= 600 0.75 0.9 = Rs 405
(3) According to question,

Now, MP =
2.

3.

4 6.25
= - 10%
100
Let cost price = Rs 100, then
selling price = Rs 135
So, 90% of marked price = 135

90
85

= Rs 76.50
100
100
(4) SP = 17940, Discount = 8%
17940
MP = 0.92 = Rs 19500
Gain = 19.6% (given)

135 100
= Rs 150
90
Marked price is increased by

Marked price =

5.

80
85
95

= Rs 8075
100 100 100
(2) By question, Profit per cent or loss per
cent.

= 12500
6.

150 100
100 = 50%
100
(4) Let cost price = Rs 100
Marked price = Rs150
Discount per cent

=
9.

17940
CP = 1.196 = Rs 15000
New SP without discount = Rs 19500
Gain = (19500- 15000) = Rs 4500
4500
Gain percent = 15000 100 = 30%
(1) By question, originai price of 250 chairs
= 250 50 = Rs 12500
Price after discount

1
100 = 6.25%
16

Overall discount = -4-6.25 +

SP of bicycle 100
4.

80
84

= Rs 470.40
100 100
Required difference
= 470.40 - 460.60 = Rs 9.80
(4) According to the question,

= 700

EXPLANATIONS
1.

(3) According to the question,

Selling price of first shopkeeper.

50
100 = 33.33%
150
(1) Let the other discount be x%
90 100 x
65

= 56.16
100 100

=
10.

56.16 100 100

65 90
100
x
=
96

x = 4%

100 - x =

25 12
= +10%
100
As the sign is +ve so, there is profit of 10% .

= + 25 - 12 -

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