Question : An umbrella is marked for INR 150 and sold for INR 138. The rate of discount is:
Option 1: 5%
Option 2: 8%
Option 3: 6%
Option 4: 9%
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Correct Answer: 8%
Solution : Given: An umbrella is marked for INR 150 and sold for INR 138. Use the formulas, Discount = Marked price – Selling price, Discount percentage = $\frac{\text{Discount}}{\text{Marked price}}\times 100$. ⇒ Discount = 150 – 138 = INR 12 The rate of discount = $\frac{12}{150}\times 100=8$% Hence, the correct answer is 8%.
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Question : The marked price of a microwave oven is INR 15,990 and it is sold for INR 12,792. what is the rate of discount offered?
Option 1: 25%
Option 2: 20%
Option 3: 21%
Option 4: 24%
Question : If the simple interest at the same rate of interest on INR 500 for 4 years and INR 700 for 2 years combined, is INR 280, then what is the rate of interest?
Option 1: $9 \frac{3}{17}\%$
Option 2: $6 \frac{5}{17}\%$
Option 3: $8 \frac{4}{17}\%$
Option 4: $7 \frac{3}{17}\%$
Question : A shopkeeper sold an item at 10% loss after giving a discount equal to half the marked price. Then the cost price is:
Option 1: $\frac{1}{9}$th of the marked price
Option 2: $\frac{4}{9}$th of the marked price
Option 3: $\frac{5}{9}$th of the marked price
Option 4: $\frac{7}{9}$th of the marked price
Question : In INR 150, B buys 10 pens for INR 8 each, 10 erasers for INR 5 each and some sharpeners for INR 4 each. What is the average price per item in INR?
Option 1: 8
Option 2: 7
Option 3: 10
Option 4: 6
Question : A cap having a marked price of INR 90 is sold for INR 68. What is the percentage rate of discount (correct up to two decimal places)?
Option 1: 24.44%
Option 2: 25.37%
Option 3: 22.00%
Option 4: 23.22%
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