Solved Questions on Discount
1. Find the discount received by John on a table using the discount formula, if the selling price of the table is $10 and the marked price is $27.
a) $7
b) $11
c) $17
d) $21
Answer: c) $17
Explanation: The Marked price = $27
The selling price = $10
By using the discount formula, Discount = Marked Price - Selling Price
Discount = 27-10 = 17
Therefore, the discount received = $17
2. A necklace is marked at $940. If it is sold for $799, then find the discount percent.
a) 15%
b) 20%
c) 25%
d) 30%
Answer: a) 15%
Explanation: Marked price = $940
Selling price = $799
Discount = Marked price – Selling price
= $940 - $799
= $141
We know that,
Discount % = (Discount / Marked price) x 100
= (141/940) x 100
= 15%
3. A bungalow is marked at $3,00,000. The dealer allows successive discounts of 6%, 4% and 2 1/2 % on it. What is the net selling price of it?
a) $300000
b) $286748
c) $263952
d) $218942
Answer: c) $263952
Explanation: Marked price of the bungalow = $3,00,000
Selling Price = Marked Price ([100−discount%]/100)
Net selling price after the successive discounts = 3,00,000 x ((100-6))/100 x ((100-4))/100 x ((100-2.5))/100
= 3,00,000 x 94/100 x 96/100 x 97.5/100
= (3 x 94 x 96 x 97.5)/10
= $2,63,952
4. A product with a marked price of $100 is offered at a 10% discount. What is the sale price?
a) $50
b) $59
c) $78
d) $90
Answer: d) $90
Explanation: Selling Price = Marked Price ([100−discount%]/100)
= 100([100 – 10%]/100)
= $90
5. A store is offering a 25% discount on all items. If a customer wants to buy a jacket that is priced at $145, how much will they have to pay after the discount?
a) $180.45
b) $108.75
c) $70.23
d) $65.6
Answer: b) $108.75
Explanation: Discount % = 25%
Marked price = $145
Selling Price = Marked Price ([100 - discount%]/100)
= 145([100 - 25%]/100)
= $108.75
Practice Questions on Discounts
1. The marked price of the furniture is $1250 and the shop owner allows a discount of 6%. Find the selling price of the furniture.
a) $1289
b) $1175
c) $1098
d) $897
Answer: b) $1175
2. Biswajit went to a shop to purchase a shirt for his brother. The marked price on a blue-coloured shirt showed $25, but after a discount, biswajit paid $20 for it. Find the discount percentage.
a) 5%
b) 10%
c) 15%
d) 20%
Answer: d) 20%
3. A book is being sold for $40 but is currently on sale for 10% off. How much will the book cost after the discount?
a) $30
b) $32
c) $36
d) $40
Answer: c) $36
4. A television is being sold for $500, but is currently on sale for 25% off. How much will the television cost after the discount?
a) $200
b) $225
c) $325
d) $375
Answer: d) $375
5. Alice went to a designer boutique to purchase a dress for herself. Her favorite-coloured dress is being sold for $80, but is currently on sale for 30% off. How much will the dress cost after the discount?
a) $56
b) $32
c) $26
d) $20
Answer: a) $56
6. A customer has a coupon for $20 off on a purchase of $100 or more. How much will the customer pay if they buy items totaling $150?
a) $100
b) $110
c) $120
d) $130
Answer: d) $130
7. In a sports store, a pair of T-shirts are priced at $200 and is marked at 5% off. What is the sale price of the T-shirts?
a) $150
b) $160
c) $190
d) $195
Answer: c) $190
8. If a $50 item is on sale for 20% off, what is the final price?
a) $40
b) $30
c) $20
d) $10
Answer: a) $40
9. A store is offering a 20% discount on a $2250 item. What is the final price after the discount?
a) $2000
b) $1800
c) $1600
d) $1400
Answer: b) $1800
10. Applied to a bill $1,00,000 the difference between a discount of 40% and two successive discounts of 36% and 4% is :
a) $4000
b) $2500
c) $1000
d) $1440
Answer: d) $1440
