Question : On an item having a marked price of INR 500, Ravi was offered successive discounts of 36% and 5%, respectively, while Prabhat was offered a single discount of 40%. Who paid more for the item and by how much?
Option 1: Ravi, 4
Option 2: Prabhat, 5
Option 3: Ravi, 5
Option 4: Prabhat, 4
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Correct Answer: Ravi, 4
Solution : Discounted price for Ravi = 500 × $\frac{100-36}{100}$ × $\frac{100-5}{100}$ = 500 × $\frac{64}{100}$ × $\frac{95}{100}$ = INR 304 Now, for Prabhat, a single discount of 40% is given, Discounted price for Prabhat = 500 × $\frac{100-40}{100}$ = 500 × $\frac{60}{100}$ = INR 300 From the final prices of Ravi and Prabhat, it can be seen that Ravi paid more amount. Difference = 304 - 300 = INR 4 Hence, the correct answer is Ravi, 4.
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Question : An item was sold at INR 5,474 after two successive discounts of 12.5% and 8% were offered on its Marked Price. What was the Marked Price (in INR) of the item?
Option 1: 6,750
Option 2: 7,000
Option 3: 6,800
Option 4: 6,600
Question : A man offers a 40% discount on an item which has been marked 50% above the cost price. If the selling price of the item is INR 1,305, then the cost price is:
Option 1: INR 1,360
Option 2: INR 1,450
Option 3: INR 1,680
Option 4: INR 1,560
Question : The marked price on a fancy item is INR 250 but there is an 18% discount during festival season. The price of the fancy item after the discount is:
Option 1: INR 204
Option 2: INR 205
Option 3: INR 202
Option 4: INR 208
Question : A shopkeeper gives an additional concession of 5% on an item which is already discounted by 15% on the marked price. If the buyer pays INR 3,068.50 for the item, then find the marked price.
Option 1: INR 3,500
Option 2: INR 3,700
Option 3: INR 3,800
Option 4: INR 3,780
Question : A shopkeeper sells a chair for INR 2,325 after allowing a discount of 22.5% on the marked price. The discount offered was:
Option 1: INR 675
Option 2: INR 1,257
Option 3: INR 880
Option 4: INR 1,050
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