Basic Arithmetics

It contains posts related to Basic Arithmetics such as Percentages, Mixture Problems, Profit and Loss, Trade Discounts, Series of discounts, Taxation, Interest, Bank Discount, Compound Interest, Ratio, Proportion, Work and Tank Problems, Distance Problems, Combined Rates, Weighted Average Problems,

Trade Discounts Quiz 1

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The post is about Online Trade Discounts Quiz with answers. A trade discount, usually expressed in percent, indicates the part that is to be deducted from the list price. Let us start with the Trade Discounts Quiz now.

Multiple Choice Questions about Trade Discounts: Aptitude Test with Answers

1. The price of an article is decreased by 10%. To restore it to its former value, the new price must be increased by

 
 
 
 

2. The list price of an article is Rs 20.00. There is a discount of 5%. What is the selling price?

 
 
 
 

3. A storekeeper has merchandise valued at Rs 2340. After cutting prices, his merchandise costs 82% of its original value. How much does the merchandise now cost?

 
 
 
 

4. A reduction of 40% in the price of tea enables a man to obtain 2 KG more for Rs 80. What is the reduced pricer per KG?

 
 
 
 

5. If 10% is deducted from a bill, Rs 585.00 remains to be paid. How much is the bill?

 
 
 
 

6. By giving a discount of 10% on the marked price of Rs 1000 of a sofa set, the dealer gains 10%. The cost price of the sofa set is?

 
 
 
 

7. A reduction of 20% in the price of sugar enables a purchaser to get 4 KG more for Rs 80. The original price of 1 KG of sugar was?

 
 
 
 

8. An article lists it at Rs 750.0. With discounts of 20%, 25%, and 10%, what is the selling price of this article?

 
 
 
 

9. Find the single equivalent discount for 20%, 25%, and 10%.

 
 
 
 

10. Mr. Rehman ordered a car worth Rs 600,000 and was given a discount. Given that he paid Rs. 570,000 for his new car. Calculate the percentage discount he received.

 
 
 
 

11. A reduction of 25% in the price of rice will enable a trader to buy 50 KG more for $s 450. What was the price per Kg before the reduction?

 
 
 
 

12. If the price of the dress is now Rs 1800 and it has undergone successive reductions of 20% and 10%, what was its price originally?

 
 
 
 

13. Find the selling price of an article listed at Rs 10.00 on which there are discounts of 20% and 10%.

 
 
 
 

14. A Rs. 400 coat sells for how much after successive discounts of 10% and 5%?

 
 
 
 

15. At a special sale, 5 tickets can be purchased for the price of 3 tickets. If 5 tickets are purchased at this sale, the amount saved will be what percentage of the original price of 5 tickets?

 
 
 
 

Online MCQs Trade Discounts Quiz with Answers

  • The list price of an article is Rs 20.00. There is a discount of 5%. What is the selling price?
  • Find the selling price of an article listed at Rs 10.00 on which there are discounts of 20% and 10%.
  • Find the single equivalent discount for 20%, 25%, and 10%.
  • An article lists it at Rs 750.0. With discounts of 20%, 25%, and 10%, what is the selling price of this article?
  • Mr. Rehman ordered a car worth Rs 600,000 and was given a discount. Given that he paid Rs. 570,000 for his new car. Calculate the percentage discount he received.
  • A reduction of 25% in the price of rice will enable a trader to buy 50 KG more for $s 450. What was the price per Kg before the reduction?
  • If 10% is deducted from a bill, Rs 585.00 remains to be paid. How much is the bill?
  • The price of an article is decreased by 10%. To restore it to its former value, the new price must be increased by
  • At a special sale, 5 tickets can be purchased for the price of 3 tickets. If 5 tickets are purchased at this sale, the amount saved will be what percentage of the original price of 5 tickets?
  • If the price of the dress is now Rs 1800 and it has undergone successive reductions of 20% and 10%, what was its price originally?
  • A Rs. 400 coat sells for how much after successive discounts of 10% and 5%?
  • By giving a discount of 10% on the marked price of Rs 1000 of a sofa set, the dealer gains 10%. The cost price of the sofa set is?
  • A reduction of 40% in the price of tea enables a man to obtain 2 KG more for Rs 80. What is the reduced price per KG?
  • A reduction of 20% in the price of sugar enables a purchaser to get 4 KG more for Rs 80. The original price of 1 KG of sugar was?
  • A storekeeper has merchandise valued at Rs 2340. After cutting prices, his merchandise costs 82% of its original value. How much does the merchandise now cost?
MCQs Trade Discounts Quiz with Answers gmstat.com

Finding the Selling Price

To find the selling price when given the list price and the trade discount:

  • Multiply the list price by the percent of the discount to find the discount in terms of money.
  • Subtract the discount from the list price.

Series of Discounts

There may be more than one discount to be deducted from the list price, these are called a discount series. to find the selling price when given the list price and a discount series:

  • Multiply the list price by the first percent of the discount
  • subtract this product from the list price
  • Multiply the difference by the second discount
  • Subtract this product from the difference
  • Continue the same procedure if there are more discounts.

Instead of deducting each discount individually, it is often more practical to find the single equivalent discount first and then deduct. It does not matter in which order the discounts are taken.

The single equivalent discount may be found by assuming a list price of 100% leaving all discounts in % form.

  • Subtract the first discount from 100% giving the net cost factor (NCF) had there been only one discount.
  • Multiply the NCF by the 2nd discount. Subtract the product from the NCF giving a 2nd NCF that reflects both discounts
  • If there is a 3rd discount, multiply the 2nd NCF by it and subtract the product from the 2nd NCF giving a 3rd NCF that reflects all three discounts.
  • If there are more discounts, repeat the process.
  • Subtract the final NCF from 100% to find the single equivalent discount.

Online MCQs and Quiz Website

Statistics and Data Analysis with Quiz

Aptitude Test Basic Arithmetics Quizzes

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The post contains Aptitude Test Basic Arithmetics Quizzes with Answers. The Basic Arithmetics Quizzes covers topics related to Percentages, Mixture Problems, Profit and Loss, Trade Discounts, Series of Discounts, Taxation, Interest, Bank Discounts, Compound Interest, Ratio, Proportion, Work and Tank Problems, Distance Problems, Combined Rates, and Weighted Average Problems. The Basic Arithmetics Quizzes are Mathematics Word Problem categories in different groups. Click the link below to start with the Quiz.

Aptitude Test Basic Arithmetics Quizzes

Trade Discount Quiz 2Percentage Quiz 1
Aptitude Test Basic Arithmetics

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MCQs Percentage Aptitude Quiz 1

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This post is about the Percentage Aptitude Quiz with Answers. It consists of 20 multiple-choice questions about the computation of percentages, such as percentage increase, percentage decrease, percentage out of total, etc. Let’s start with the MCQs Percentage Aptitude Quiz.

Please go to MCQs Percentage Aptitude Quiz 1 to view the test

Online MCQs Percentage Aptitude Quiz

  • What percent is 3% of 20?
  • What was Yousaf’s Income last year if he paid an income tax of 18350, which is 40% of his income?
  • The price of a car, including 6% sales tax, is 154431.40. What was the market price of the car?
  • The assets of a businessman increased from 120000 to 580000. What was the rate of change?
  • What number is 20% more than 9000?
  • What number is 60% less than 900?
  • After a discount of 25% the sale price of a suitcase is 846. What was the original price of the suitcase?
  • A single discount equivalent to a discount series of 20%, 10%, and 25% is
  • 40 arithmetic questions, each carrying equal marks, were given as a class test. A student answered 25 questions correctly. What percentage was this? To pass a student must answer at least 45% of the questions correctly. Find the least number of correct answers needed to pass the class test.
  • A student scored 90 marks on a mathematics test. This was 20% more than what he had scored for the geography test. How much did he score on the geography test?
  • A fruit seller has 120 oranges. Given that he has 20% more apples than oranges and 40% less oranges than pears, find the number of apples and a number of pears.
  • A man earned an annual income of 245000 in 1990. He was allowed a deduction of 15000 relief for his three children and a personal relief of 30000. If he was charged a tax rate of 4% on the first 50000 and 6% on this remaining income, calculate the amount of tax he had to pay.
  • A man pays 10% of his income for his income tax. If his income tax amounts to 1500, what is his income?
  • Rashid’s salary was reduced by 20%. To restore his salary to the original amount, it must be raised by
  • A man’s new income is 8400 per month. Given that his original income was 7500 per month, find the percentage increase in his monthly income.
  • A student has to secure 40% marks to pass. He gets 40 marks and fails by 40 marks. The maximum number of marks is
  • After spending 88% of his income, a man had 2160 left. Find his income.
  • By selling a fan for 475, a person loses 5%. To get a gain of 5%, he should sell the fan for:
  • The enrollment in a certain secondary school was 450 in 1979. By 1980, the enrollment had increased by 16%. What was the enrollment in 1980?
  • Sadiq purchased a plot for 8000. He sells the plot to Abid at 20% profit. Abid in turn sells that plot to Arif at a loss of 20%. The plot costs Arif.
Percentage Aptitude Quiz

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