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Home Aptitude True Discount Comments

  • Question
  • An article is marked 40 % above the cost price and a discount of 30 % is allowed. What is the gain or loss %?


  • Options
  • A. 10% gain
  • B. 5% gain
  • C. 2% loss
  • D. 12% loss

  • Correct Answer
  • 2% loss 

    Explanation


  • True Discount problems


    Search Results


    • 1. 
      A fan is listed at $ 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to $ 1104?

    • Options
    • A. 8 %
    • B. 10 %
    • C. 12 %
    • D. 15 %
    • Discuss
    • 2. 
      If on a marked price, the difference of selling prices with a discount of 30 % and two successive discounts of 20 % and 10 % is $ 72, then the marked price (in rupees) is :

    • Options
    • A. 3,600
    • B. 3,000
    • C. 2,500
    • D. 2,400
    • Discuss
    • 3. 
      A man buys a single apple for $ 25. If he were to buy a dozen apples, he would have to pay a total amount of $ 250. What would be the approximate % discount he would get on buying a dozen apples?

    • Options
    • A. 32
    • B. 20
    • C. 12
    • D. 17
    • Discuss
    • 4. 
      Successive discounts of 10 %, 20 % and 30 % is equivalent to a single discount of :

    • Options
    • A. 60 %
    • B. 49.6 %
    • C. 40.5 %
    • D. 36 %
    • Discuss
    • 5. 
      The difference between a discount of 40% on $ 500 and two successive discounts of 36%, 4% on the same amount is :

    • Options
    • A. $ 0
    • B. $ 2
    • C. $ 1.93
    • D. $ 7.20
    • Discuss
    • 6. 
      The true discount on a bill of $ 1260 is due for 6 months at 10 % per annum is:

    • Options
    • A. $ 60
    • B. $ 160
    • C. $ 80
    • D. $ 260
    • Discuss
    • 7. 
      The present worth of $ 220.50 due in 2 years reckoning compound interest at 5 % is :

    • Options
    • A. $ 200
    • B. $ 197.5
    • C. $ 202
    • D. $ 192.25
    • Discuss
    • 8. 
      $ 21 is the true discount on $ 371 for a certain time at certain int. If the rate of interest is kept same, true discount on the same sum for double that time will be :

    • Options
    • A. $ 44.38
    • B. $ 39.75
    • C. $ 33.25
    • D. None of these
    • Discuss
    • 9. 
      $ 20 is the true discount on $ 260 due after a certain time. What will be the true discount on the same amount due after half of the earlier time, the rate of interest being the same.

    • Options
    • A. $ 10
    • B. $ 10.40
    • C. $ 15.20
    • D. $ 13
    • Discuss
    • 10. 
      Total number of students in a class is 95. if the total number of girls in the class is 45, then the ratio of total number if boys to total number girls is

    • Options
    • A. 9:10
    • B. 7:8
    • C. 10:9
    • D. 9:11
    • Discuss


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