Free Mock Practice

Discount MCQ Questions for Competitive Exams

Discount MCQ Questions for Competitive Exams

Subject: Quantitative Aptitude (Maths)
Topic: Discount
Medium: English
Difficulty Level: Easy to Moderate
Best For: SSC, Banking, Railway, UPSC, and other competitive exams

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1. 
A student was getting the following four offers on the purchase of a book:

I – Two successive discounts of 20% and 20%
II – Two successive discounts of 25% and 15%
III – Two successive discounts of 30% and 10%
IV – Two successive discounts of 5% and 35%
Which scheme offers the most discount to the student?

2. 
A customer could not decide between a discount of 40% or two successive discounts of 25% and 15% to buy a certain article. What is the difference between both the discounts?

3. 
If the marked price of an article is ₹7,895 and the discount offered is 4.2%, then the selling price (in ₹) is:

4. 
The price of fuel decreases by 40%, 10% and 50% in three successive months, but increases by 50% in the fourth month. What is the percentage increase/decrease in the price of fuel in the fourth month as compared to its original price?

5. 
What will be the difference between the sale price (in ₹) of a book with a marked price ₹1,500 under the following discount schemes?

(i) Two successive discounts of 20% each
(ii) Two successive discounts of 30% and 10%

6. 
The price of fuel decreases by 55%, 10% and 20% in three successive months, but increases by 65% in the fourth month. What is the percentage increase/decrease in the price of fuel in the fourth month as compared to its original price?

7. 
The price of fuel decreases by 40%, 50% and 15% in three successive months, but increases by 40% in the fourth month. What is the percentage increase/decrease in the price of fuel in the fourth month as compared to its original price?

8. 
If the selling price of five Bluetooth devices is ₹14,430 after allowing a discount of 26% on the marked price, then the marked price of one device is:

9. 
The price of a computer is ₹22,200. What will be the price of the computer after reduction of 25%?

10. 
A dealer marks 20% above the cost price and allows a 20% discount. What is the profit or loss percent?

11. 
Riya offers 12% discount on all her goods and offers an additional discount of 6% to those customers who pay in cash. How much will a customer have to pay for a fan marked for ₹2,400 if he pays in cash?

12. 
The marked price of a scooter is ₹1,80,000. The shopkeeper gave a scheme discount of 4% on ₹1,20,000 and 2.5% on the remaining amount. The selling price (in ₹) of the scooter is:

13. 
The marked price of chair is ₹1,800 and a discount of 18% is offered on the marked price, What additional discount must be offered to the customer now to bring the net price to ₹1,220? ( Correct to two places of decimals.)

14. 
Two successive increases of 15% each, is by what percentage more then the two successive decreases of 12% each?(Rounded off to 2 decimal places)

15. 
A retailer allows a trade discount of 25% and a further discount of 8% on the marked price of the products, if paid along with his shop’s membership card. He makes a net profit of 15% on the cost. By what percentage are the products marked up by him?

16. 
Manpreet offers two successive discounts of 12% and 8% on the sale of a sweater to his customers on the occasion of Diwali. What is the equivalent single percentage discount offered by Manpreet?

📘 About This Quiz

Boost your preparation with our free online practice quiz on Discount. These carefully selected multiple-choice questions come with answers, solutions, and short tricks to help you save time during exams. This quiz is perfect for revising important concepts and improving your score.

🧾 Sample Question Preview

Q1. A shopkeeper gives a 10% discount on the marked price and still gains 20%. If the marked price is ₹500, what is the cost price?

a) ₹375
b) ₹400
c) ₹420
d) ₹450

Answer: (a) ₹375
Solution:
Selling Price (SP) = 90% of ₹500 = ₹450
Let Cost Price (CP) be x.
Given: SP = 120% of CP ⇒ 450 = 1.2x ⇒ x = ₹375
Short Trick:
SP = MP × (1 – Discount%)
CP = SP ÷ (1 + Gain%)

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