This set of Aptitude Questions and Answers (MCQs) focuses on “Marked Price”.
1. Find the marked price percentage in terms of the selling price when the selling price is equal to the discount.
a) 50%
b) 100%
c) 200%
d) 400%
View Answer
Explanation: The selling price is equal to the selling price.
The marked price = selling price + the discount = twice the selling price
Marked price is 2 * the selling price = 200% of the selling price
2. If the marked price of an article is 20% more than the cost price and there is no profit or loss, find the discount in terms of the marked price.
a) 16.67%
b) 16%
c) 15.67%
d) 15%
View Answer
Explanation: Let the cost price be x.
The cost price = the selling price
The marked price = 20% more than the cost price
The marked price = x + 20% of x = 1.2x
The discount = 1.2x – x = 0.2x
The discount in terms of the marked price = 0.2x / 1.2x * 100 = 16.67%
3. The marked price of an article is 6500 rupees. Find the selling price if the discount is 20% of the selling price.
a) 5415 rupees
b) 5416 rupees
c) 5417 rupees
d) 5146 rupees
View Answer
Explanation: The marked price = 6500 rupees
Let the selling price be x.
The discount is 20% of x = 0.2x
The marked price = selling price + discount = x + 0.2x = 1.2x
6500 = 1.2x
The selling price = 6500 / 1.2x * x = 6500 / 1.2 = 5416.6 ≈ 5417 rupees
4. The selling price of an article is 35% of the discount. Find the ratio between the discount and the marked price.
a) 20 : 23
b) 20 : 25
c) 20 : 27
d) 20 : 29
View Answer
Explanation: Let the discount be x.
The selling price of the article = 35% of the discount
The selling price = 35% of x = 0.35x
The marked price = x + 0.35x = 1.35x
The ratio discount and marked price = x : 1.35x = 1 : 1.35 = 100 : 135 = 20 : 27
5. The marked price of an article is 5 times the discount. Find the ratio between the discount and the selling price.
a) 1 : 5
b) 5 : 1
c) 1 : 4
d) 4 : 1
View Answer
Explanation: Let the discount be x.
The marked price = 5 times the discount
The marked price = 5x
The selling price = 5x – x = 4x
The ratio between the discount and the selling price = x : 4x = 1 : 4
6. The ratio between the cost price and the discount is 2 : 7. Find the marked price if the selling price is 2100. There was no profit or loss during the transaction.
a) 7350
b) 2350
c) 8400
d) 9450
View Answer
Explanation: The selling price = the cost price as there is no profit or loss.
The cost price = 2100
The ratio between the cost price and the discount = 2 : 7
2 parts of the ratio = 2100
7 parts of the ratio = 2100 / 2 * 7 = 7350
The marked price = selling price + discount = 2100 + 7350 = 9450
7. The selling price of an article is 20% of the marked price. Find the selling price if the discount is 60 rupees.
a) 12 rupees
b) 15 rupees
c) 40 rupees
d) 120 rupees
View Answer
Explanation: Let the marked price be x.
The selling price = 20% of the marked price = 0.2x
The discount = x – 0.2x = 0.8x
0.8x = 60
The selling price = 0.2x = 60 / 8 * 2 = 15 rupees
8. The selling price of an article is 20% more than the discount. Find the marked price if the discount is 400 rupees.
a) 80 rupees
b) 800 rupees
c) 480 rupees
d) 880 rupees
View Answer
Explanation: The discount = 400 rupees
The selling price = 20% more than the selling price = 400 + 20% of 400 = 400 + 80 = 480 rupees
The marked price = 400 + 480 = 880 rupees
9. The marked price of an article is 1840 rupees. Find the discount percentage if the selling price is 30% more than the discount.
a) 34.43%
b) 43.74%
c) 43.47%
d) 43.34%
View Answer
Explanation: Let the discount be x.
The selling price = x + 30% of x = x + 0.3x = 1.3x
The marked price = 1840 rupees
The marked price in terms of x = 1.3x + x = 2.3x
2.3x = 1840 rupees
Discount = x = 1840 / 2.3 = 800 rupees
Discount percentage = 800 / 1840 * 100 = 43.47%
10. The marked price of an article is 7 times the selling price. Find the discount percentage.
a) 85.7%
b) 87.5%
c) 57.8%
d) 58.7%
View Answer
Explanation: Let the selling price be x.
Marked price = 7 times the selling price = 7x
The discount = 7x – x = 6x
The discount percentage = 6x / 7x * 100 = 85.71% ≈ 85.7%
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