Discounts

IMPORTANT

Discounts: Overview

This topic covers concepts, such as, Discount as Percentage, Marked Price (MP) of an Item, Finding Amount of Discount Given as Percentage & Estimation of Amount of Discount Given as Percentage etc.

Important Questions on Discounts

MEDIUM
IMPORTANT

In a furniture shop, a cot and a almirah sold separately for 15000 and 25000, are sold together for 36000. If the discount percentage in this deal is k%, then find the value of k.

MEDIUM
IMPORTANT

The price of a spider toy is 3136 inclusive tax (under GST) at the rate of 12% on its listed price. A buyer asks for a discount on the listed price, so that after charging GST, the selling price becomes equal to the listed price. If the amount of discount which the seller has to allow for the deal is k, then find the value of k.

MEDIUM
IMPORTANT

A fruit seller sells mangoes at the rate of 9/kg and thereby loses 10%. At what price per kg should he sell in order to earn profit of 5%?

EASY
IMPORTANT

A shop gives 20% discount. A bag marked at 250, has a selling price of k. Find the value of k.

MEDIUM
IMPORTANT

If the discount of 5y is available on the marked price of 3x, Find the discount percent is _____.

EASY
IMPORTANT

From the options listed below, choose the formula to calculate the profit percentage.
(Consider CP = Cost Price, SP = Selling Price, MP = Marked Price, D = Discount and P = Profit)

EASY
IMPORTANT

A bicycle seller procured a cycle at a cost of ₹6,500 and marked its price tag with ₹8,200. How much profit could the seller make if he allows 10% discount to the customer?

EASY
IMPORTANT

The marked price of a bicycle is ₹8,200 and the seller offers a discount of 10%. What is the selling price of the bicycle?

EASY
IMPORTANT

Look at the figure below and and answer the question that follows.

Question Image

What is the producer’s selling price?

EASY
IMPORTANT

Referring to the original question, Shopper’s selling price = ₹80 – 18.75% of ₹80 =₹65. What is distributor’s selling price?

EASY
IMPORTANT

Analyse the original question further, we get producer’s selling price = distributor’s cost price. Also distributor’s profit percentage = 30%. If selling price is known then the cost price can be calculated using a formula that connects the cost price, the selling price and the profit percentage. 
Identify the formula.

EASY
IMPORTANT

The original question was: “A producer fixed the maximum retail price (MRP) of 1L juice as 2.5 times of its production cost. The juice was then sold to a distributor, who booked 30% profit when sold to a shopkeeper. The shopkeeper gave 18.75% discount to the customer and made a profit of 25%. If the MRP of 1L juice was ₹80, then profit percentage of the producer was _____________.”
Analyse the question and choose the right option based on the ‘set of data we have’ and ‘the set of data we need’ to find producer’s profit percentage.(CP and SP are producer’s cost and selling prices)

EASY
IMPORTANT

Choose the correct equation to find the profit made by the travel agency. 
​(Use the data as needed, from the original question.)

EASY
IMPORTANT

Choose the correct equation to find the selling price of the ticket.
​(Use the data as needed, from the original question.)

EASY
IMPORTANT

Choose the correct equation to find the discount given to the customers.
(Use the data as needed, from the original question.)

EASY
IMPORTANT

Let’s refer a part of original question, “A travel agency increased the cost of tickets by 15% and then offered a 10% discount on the purchase of the tickets”.
Which of the following equation is true about the marked price of the ticket?

EASY
IMPORTANT

Clara purchased a packet of chips.

Which of these statements is correct based on the picture given above?

EASY
IMPORTANT

Under which of these situations can we definitely get discount?

HARD
IMPORTANT

Kevin  visited a shop which sells 200 g cashew-nut packet at a discount of ₹50 and 200 g chocolate packet at a discount of ₹100. He paid the same amount for for both items.
What is the discount percentage for the chocolate if the discount percentage of the cashew-nut was 25%?

MEDIUM
IMPORTANT

A manufacturer decides to offer a discount of 35% to push sales on an item. If the current sales price of the item is ₹1,300, the marked price of the item would be ₹ _____.