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Succesive Discounts Questions and Answers

Succesive Discounts Questions

Formula

Definition of Succesive Discounts

The successive discount is known as the discount that is offered on the discount. It is exactly similar to the compound interest rate that indicates interest on interest. For instance, let us take the original price of an article as ‘a. A storekeeper offers first a discount of ‘b%’ of the article and again ‘c%’ on the new price of the article. Then the selling price of the article can be obtained as:
Total discount: b +c – (bc / 100) %
Therefore, the selling price of the article = a − (b + c – b * c / 100) × a

Rules to Solve Successive Discount Questions

  • If two discounts are there: It means a discount on the discount. The formula for calculating the total discount in successive discounts case: If the initial discount is a% and second discount is b% then,
    Total discount is calculated as (a + b – a * b /100) %
  • If three discounts are there:This means a discount on the discount on the discount. If the three discounts are given as a%, b% and c% then first it is required to find the total discount of a % and b% and using it you need to find the total discount with c%. Formula used will be: Total discount for a and b = d
    d = (a + b – a * b / 100) %
    Formula used for third discount = d + c * d * c /100) %

Question 1

Time: 00:00:00
Ramesh bought some staplers from a wholesaler at INR 100 for 200 staplers. He sells those staplers at INR 100 for 150 staplers. Find his profit or loss per cent.

55%

55%

34%

34%

33.34%

33.34%

43.2%

43.2%

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Question 2

Time: 00:00:00
Uday incurs a loss of 10 % if he sells the antique frame for Rs. 1905. What price must he sell the frame so as to gain 10 % on that frame?

2237.08

2237.08

2328.7

2328.7

3230

3230

2134.50

2134.50

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Question 3

Time: 00:00:00
Aisha bought some jewellery and sold that to her friends in a kitty party. The cost price of her jewellery was 67 % of the selling price. Calculate the profit percentage?

45.02%

45.02%

43%

43%

49.25%

49.25%

48%

48%

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Question 4

Time: 00:00:00
A retailer bought two types of wheat, 50 KG at Rs. 20.50 per KG and 90 KG at Rs. 25 per KG. The retailer wanted to earn more profit on this so he mixed both the types of wheat and sold the mixture at a gain of 15 %. Calculate the each Kilogram selling price of the combination.

25 rs.

25 rs.

26.90 rs.

26.90 rs.

27 rs.

27 rs.

28,70 rs.

28,70 rs.

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Question 5

Time: 00:00:00
A dishonest fruit man promised to sell the fruits at cost price but on each kg item he gave 800 gm only. Calculate his profit per cent.

15%

15%

25%

25%

30%

30%

33%

33%

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Question 6

Time: 00:00:00
Dolly sold two dress materials at the same price, one at 20 % profit and another at 20 % loss. Calculate her total profit and loss per cent.

0%

0%

1%

1%

20%

20%

100%

100%

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Question 7

Time: 00:00:00
On weekend a mall offered two successive discounts of 30 % and 10 % on clearance items. In addition to this one extra discount of 5% was also there if someone makes cash payment. Harshala bought a tracksuit from the clearance items and pays in cash. Calculate the overall discount per cent harshala will get on tracksuit?

18%

18%

30.92%

30.92%

31%

31%

40.15%

40.15%

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Question 8

Time: 00:00:00
David wants to sell his old laptop in such a way that he gets 25% of profit by giving a 5 % discount. Calculate the percentage of cost price beyond which the laptop should be marked.

28%

28%

29.67%

29.67%

31.57%

31.57%

33%

33%

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Question 9

Time: 00:00:00
The cost price of 22 boxes is equal to the selling price of 20 boxes. The profit per cent is:

5%

5%

8%

8%

10%

10%

20%

20%

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Question 10

Time: 00:00:00
If the loss% on mangoes is 22%. Then what will be the ratio of cost price and selling price?

50:39

50:39

40:34

40:34

40:98

40:98

45:39

45:39

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Question 11

Time: 00:00:00
Sneha goes from shop 1 to shop 2 for purchasing a dress costing 20% less at shop 2. To reach at shop 2 he spends Rs 200 on travelling, though she earns Rs 200 compared to purchasing at shop 1. Calculate her profit percentage?

5%

5%

7%

7%

9%

9%

10%

10%

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Question 12

Time: 00:00:00
The rate of a Computer and a Printer set are in ratio 4:7. If the printer rate Rs 4500 more than the Computer set, then the cost of the Computer is

3500

3500

4000

4000

4500

4500

5000

5000

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Question 13

Time: 00:00:00
In a sale a sofa and a dining table were sold for Rs. 1 lakh each. In this deal, the sofa sale resulted into 30% loss whereas the dining table sale into 30% profit. The whole deal resulted in:

1/7

1/7

1/9

1/9

1/11

1/11

1/13

1/13