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Question

The marked price of a water cooler is ₹5,420. The shopkeeper offers an off season discount of 15% on it and an additional discount of 5% for cash payment customers. Find the cost price for a customer who pays cash payment.

The correct answer is

₹4,336

First, apply the 15% discount: ₹5,420 × (1 - 0.15) = ₹4,607. Then, apply the additional 5% discount: ₹4,607 × (1 - 0.05) = ₹4,336.

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Important Questions from Discount and MP

  1. The marked price of an article is Rs. 1500. A shopkeeper sells it by giving 20% discount on its marked price. If the cost price of the article is Rs. 991, then his profit (in Rs.) is:

  2. Surbhi sold an article for Rs. 176 after giving 12% discount on its marked price. Had she not given any discount; she would have earned a profit of 25%. What is the cost price (in Rs.) of the article?

  3. The marked price of an article is Rs. 240. A shopkeeper sells it by allowing 18% discount on its marked price and still gains 23%. What is the cost price (in Rs.) of the article?

  4. Three shopkeepers A, B and C marked on an identical article at Rs. 4820. A, B and C sold their article on successive discounts of 20% and 20%; 25% and 15%; 30% and 10% respectively. Which shopkeeper gives the maximum discount and how much (in Rs.)?

  5. Find a single discount percentage equivalent to successive discounts of 10%, 20% and 25%.

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