Pinnacle Day: 70th - 73th Discount

Q.5 The marked price of an article is Rs

Discount Example: What will be an equivalent 1500. If two successive discounts, each
discount for three successive discounts of x%, on the marked price is equal to a
Key Points: of 20%, 20%, and 10%? single discount of Rs 587.40, then what
Solution: First calculate an equivalent will be the selling price of the article if a
1. Market Price: The price on the label discount for any two of the three, let's single discount of x% is given on the
of a product, also called printed price or take 20% and 20%. marked price?
advertising price. SSC CGL Tier 2 13/9/2019 (Morning)
400
(20 + 20 − )%=40 − 4=36% (a)Rs 1025 (b) Rs 1155
100
(c)Rs 1170 (d) Rs 1200
2. Discount: Amount of rebate on a fixed Now calculate equivalent discounts of
price is called discount.
36% and 10%. Q.6 The 4 successive discounts of 20%
3. Selling Price = Market Price –
360 is equivalent to a single discount of:
(36 + 10 − )%=46 − 3. 6=
Discount 100 SSC MTS 14 August 2019 (Morning)
Let us say Rs. 100 is the market price 42. 4% (a) 64% (b) 59.04%
(MRP). 42.4% is the equivalent discount. (c) 40.96% (d) 48%

Discount is 10% i.e. 10 Rs

Q.7 Three successive discounts on the
Therefore, selling price = 100 – 10 = Rs. Variety Questions marked price of an article turn out to be
90 equivalent to a single discount of 19%. If
Q.1 On the marked price of an article, the rates of the first and second discount
4. Discount is given/ calculated on the sum of the selling price with a are 10% and 4% respectively, what is the
market price. discount of 35% and two successive rate of the third discount?
SSC CHSL 10 July 2019 (Morning)
𝐷𝑖𝑠𝑐𝑜𝑢𝑛𝑡% discounts of 20% and 15% is Rs.1,995.
The marked price of the article(in Rs.) (a) 7.50% (b) 5.25%
𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒−𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒
= 𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒
×100 is: (c) 6.25% (d) 6.00%

𝐷𝑖𝑠𝑐𝑜𝑢𝑛𝑡 SSC CPO 2020 24-11-2020 (Evening shift)

Or, ×100 (a) 1,600 (b) 1,550 (c) 1,800 (d) 1,500 Q.8 A dealer buys an article marked at
𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒
Rs20000 with two successive discounts
Q.2 A dealer marks his goods at 40% of 20% and 5%. He spends Rs1000 for
5. Selling Price = its repair and sells it for Rs20000. What
above the cost price. He sells 60% of the
𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒×(100−𝐷𝑖𝑠𝑐𝑜𝑢𝑛𝑡%) is his profit/loss percent (correct to two
goods at the marked price giving 10%
𝑀𝑎𝑟𝑘𝑒𝑡 𝑃𝑟𝑖𝑐𝑒 decimal places)?
discount and the rest by giving 50%
discount on the marked price. What is SSC CHSL 8 July 2019 (Morning)
6. Successive Discount: When two or the overall profit loss percent? (a) 25.64% profit (b) 23.64% loss
SSC CGL 2019 Tier-II (16-11-2020 ) (c) 23.46% profit (d) 25.64% loss
more than two discount are given.
(a) Profit 3.6% (b) Loss 2.8%
20% and 10% discount given (c) Loss 3.6% (d) Profit 2.8% Q.9 There was 25% off on shirts. A lady
successively. What does it mean? bought that shirt and got an additional
Q.3 An article was marked at ₹ x and 20% discount for paying in cash and
Let MRP or market price be Rs. 100
sold at a discount of (x-40)%. If the further 10% discount for being a loyal
100 − 20% → 80 − 10% →72 customer paid ₹(x-32), then find the customer. She paid Rs324. What was the
marked price of the article. price tag (in Rs) on the shirt?
∴ The total discount is Rs.28 i.e. 28% of SSC CHSL 5 July 2019 (Afternoon)
SSC CHSL 14-10-2020 (Evening shift)
100. (a) 650 (b) 725 (c) 600 (d) 750
(a) 75 (b) 60 (c) 80 (d) 50
∴ Successive discount of 20% and 10%
is equivalent to 28% . Q.10 An article is marked at a price
Q.4 A dealer allows 25% discount on the
The above concept can be interpreted as which is ₹1.2 times its cost price. After
marked price of an article and gains
a successive % concept. allowing a certain discount on the
20%. If the cost price of the article
marked price, the profit reduces to 10%.
𝑥𝑦 increases by 20%, what percent discount
Equivalent percentage =(𝑥 + 𝑦 − The discount percent is:
100 should he allow on the marked price so
SSC CHSL 3 July 2019 (Morning)
)% that his profit percentage remains the
1 2
200 same? (a) 8 (b) 9 (c) 10 (d) 8
3 3
Here,(20 + 10 − )%=30 − 2= SSC CPO 2019 13/12/2019(Evening)
100
(a)8.5% (b)10% (c)12% (d)7.25%
28%

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