A shopkeeper gives 1 article free on the purchase of every 4 articles. He also allows an additional discount of 20%. Find his total net discount percentage. MCQ with Answer and Explanation

A shopkeeper gives 1 article free on the purchase of every 4 articles. He also allows an additional discount of 20%. Find his total net discount percentage.
A. 36%
B. 40%
C. 45%
D. 44%
Answer: Option A
Solution (By JKSSB Mock Tests)
Customer gets 5 articles but pays for 4. Discount from free item = (1/5) * 100 = 20%. Two successive discounts of 20% and 20%. Equivalent discount = 20 + 20 - (400/100) = 36%.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1
A shopkeeper sells a shirt for Rs. 800, making a profit of 25%. What is the cost price?
A. Rs. 640
B. Rs. 680
C. Rs. 660
D. Rs. 620

Correct Answer: Option A


Explanation:
CP = 800/1.25 = 640.

This question belongs to: Maths Profit And Loss
Question #2
A shopkeeper professes to sell at cost price but uses a 950g weight for 1kg. Find his profit percentage.
A. 6%
B. 5.5%
C. 5.26%
D. 5%

Correct Answer: Option C


Explanation:
Error = 50g. Profit % = (50 / 950) * 100 = 100 / 19 = 5.26%.

This question belongs to: Maths Profit And Loss
Question #3
A person buys a product for Rs. 150 and sells it for Rs. 120. Calculate the loss percentage.
A. 25%
B. 20%
C. 30%
D. 15%

Correct Answer: Option B


Explanation:
Loss = Cost Price - Selling Price = 150 - 120 = 30. Loss Percentage = (Loss / Cost Price) * 100 = (30 / 150) * 100 = 20%.

This question belongs to: Maths Profit And Loss