Mathematics Questions and Answers – Finding Increase and Decrease of Percentage

«
»

This set of Mathematics Multiple Choice Questions & Answers (MCQs) focuses on “Finding Increase and Decrease of Percentage”.

1. The price of bike is Rs. 75000 last year. The price increased by 20% this year. What is the price of bike this year?
a) Rs.50000
b) Rs.60000
c) Rs.80000
d) Rs.90000
View Answer

Answer: d
Explanation: Price of bike last year was Rs. 75000. The price increased by 20%.
Increase in price = \(\frac{20}{100}\)×75000=15000
New price = Old price + Increase in price = 75000 + 15000 = 90000.

2. The price of bike is Rs. 75000 last year. The price decreased by 20% this year. What is the price of bike this year?
a) Rs.50000
b) Rs.60000
c) Rs.80000
d) Rs.90000
View Answer

Answer: b
Explanation: Price of bike last year was Rs. 75000. The price decreased by 20%.
Decrease in price = \(\frac{20}{100}\)×75000=15000
New price = Old price + Decrease in price = 75000 – 15000 = 60000.

3. An item is marked as Rs. 6000. There is a 25% discount on the item. What is the amount of discount received on the item?
a) Rs.6000
b) Rs.1000
c) Rs.1500
d) Rs.2500
View Answer

Answer: c
Explanation: Marked price of item Rs. 6000. Discount of item is 25%.
Discount = \(\frac{25}{100}\)×6000=1500.
advertisement
advertisement
advertisement

4. An item is marked as Rs. 6000. There is a 25% discount on the item. What is the discounted price of item?
a) Rs.6000
b) Rs.4500
c) Rs.1500
d) Rs.2500
View Answer

Answer: b
Explanation: Marked price of item is Rs. 6000. Discount on item is 25%.
Discount = \(\frac{25}{100}\)×6000=1500
Discounted price = Marked price – Discount = 6000 – 1500 = 4500.

5. An item was marked for Rs. 5000 but sold for Rs. 4500. What is the % discount offered on the product?
a) 5
b) 10
c) 15
d) 20
View Answer

Answer: b
Explanation: Marked price of item is Rs. 5000. Discounted price of item is Rs. 4500.
Discount = Marked price – Selling price = 5000 – 4500 = 500
% discount=\(\frac{discount}{marked price}=\frac{500}{5000}\)=10.
advertisement

6. The list price of shirt is Rs. 2500. There is 30% discount on the item. What is the sell price?
a) Rs.1750
b) Rs.4500
c) Rs.1500
d) Rs.2500
View Answer

Answer: a
Explanation: List price of shirt is Rs. 2500. Discount on item is 30%.
Discount = \(\frac{30}{100}\)×2500=750
Discounted price = Marked price – Discount = 2500 – 750 = 1750.

7. The list price of shirt is Rs. 2500. There is 30% discount on the item. What is the discount offered on the shirt?
a) Rs.1750
b) Rs.4500
c) Rs.1500
d) Rs.750
View Answer

Answer: d
Explanation: List price of shirt is Rs. 2500. Discount on item is 30%.
Discount = \(\frac{30}{100}\)×2500=750.
advertisement

8. Zayn bought tickets to concert for Rs. 1000. He wants to sell them at a premium of 20%. What is the selling price of tickets?
a) Rs.1750
b) Rs.1200
c) Rs.1500
d) Rs.800
View Answer

Answer: b
Explanation: Buying price of tickets is Rs. 1000. Premium on tickets is 20%
Premium = \(\frac{20}{100}\)×1000=200
Selling price = Buying price + Premium = 1000 + 200 = 1200.

9. Zayn bought tickets to concert for Rs. 2700. He wants to sell them at a discount of 15%. What is the selling price of tickets?
a) Rs.2295
b) Rs.1200
c) Rs.2700
d) Rs.3105
View Answer

Answer: a
Explanation: Buying price of tickets is Rs. 2700. Discount on tickets is 15%
Discount = \(\frac{15}{100}\)×2700=405
Selling price = Buying price – Discount = 2700 – 405 = 2295.
advertisement

10. Zayn bought tickets to concert for Rs. 3500. He wants to sell them at a discount of 15%. What is the discount in Rs.?
a) Rs.1525
b) Rs.350
c) Rs.525
d) Rs.1050
View Answer

Answer: c
Explanation: Buying price of tickets is Rs. 3500. Discount on tickets is 15%
Discount = \(\frac{15}{100}\)×3500=525.

Sanfoundry Global Education & Learning Series – Mathematics – Class 8.

To practice all areas of Mathematics, here is complete set of 1000+ Multiple Choice Questions and Answers.

advertisement
advertisement
Subscribe to our Newsletters (Subject-wise). Participate in the Sanfoundry Certification contest to get free Certificate of Merit. Join our social networks below and stay updated with latest contests, videos, internships and jobs!

Youtube | Telegram | LinkedIn | Instagram | Facebook | Twitter | Pinterest
Manish Bhojasia - Founder & CTO at Sanfoundry
Manish Bhojasia, a technology veteran with 20+ years @ Cisco & Wipro, is Founder and CTO at Sanfoundry. He lives in Bangalore, and focuses on development of Linux Kernel, SAN Technologies, Advanced C, Data Structures & Alogrithms. Stay connected with him at LinkedIn.

Subscribe to his free Masterclasses at Youtube & technical discussions at Telegram SanfoundryClasses.