1. What is Discount?
Discount is the reduction given on the Marked Price (MP) of an article.
Formula:
Discount=Marked Price−Selling Price
2. Marked Price (MP)
The Marked Price is the price printed on the article before discount.
3. Selling Price (SP)
The Selling Price is the price at which the article is actually sold after discount.
4. Discount Percentage
Formula:
Discount %=(Marked PriceDiscount)×100
5. Relationship between MP, SP, and Discount
SP=MP(1−100Discount %) MP=100−Discount %SP×100
6. Successive Discounts
When two or more discounts are given one after another.
Equivalent Discount Formula:
Net Discount %=a+b−100ab
(where a% and b% are successive discounts)
7. Discount with Profit and Loss
If Cost Price (CP) and Discount are given together, questions often involve Profit/Loss + Discount.
8. Important Exam Points
- Discount is always calculated on MP
- Discount ≠ Loss
- Successive discounts are not additive
- MP is usually higher than SP
9. Applications in Exams
- Shopkeeper problems
- Marked price vs selling price
- Discount with profit/loss
- Successive discount questions
Top 25 Practice Questions – Discount
Q1.
An article marked at ₹800 is sold at ₹640. Find the discount percentage.
Q2.
The marked price of an item is ₹1200. If a discount of 20% is given, find the selling price.
Q3.
An article is sold for ₹450 after giving a discount of 10%. Find the marked price.
Q4.
If the discount is 15% and MP is ₹2000, find the discount amount.
Q5.
A shopkeeper gives successive discounts of 10% and 20%. Find the net discount.
Q6.
An article marked at ₹500 is sold at ₹425. Find the discount %.
Q7.
The selling price of an article is ₹900 after a discount of 25%. Find the marked price.
Q8.
If the discount is ₹150 on an article marked at ₹750, find the discount %.
Q9.
An article is sold at a discount of 12%. If MP is ₹2500, find SP.
Q10.
A shopkeeper allows a discount of 30% on an article marked at ₹1400. Find SP.
Q11.
If a 20% discount is equal to ₹160, find the marked price.
Q12.
An article is sold for ₹720 after giving two successive discounts of 10% and 20%. Find MP.
Q13.
The marked price of an article is increased by 25% and then a discount of 20% is given. Find the net change.
Q14.
If MP = ₹1000 and SP = ₹850, find discount %.
Q15.
An article marked at ₹2400 is sold at ₹1800. Find discount %.
Q16.
A shopkeeper gives a discount of 15% on MP and still gains 20%. If CP is ₹800, find MP.
Q17.
The discount on an article is 40%. If MP is ₹600, find SP.
Q18.
An article is marked at ₹2000. What discount % must be given to sell it at ₹1500?
Q19.
A 10% discount and then another 10% discount is given. Find net discount %.
Q20.
The marked price of an article is ₹900. If sold at ₹810, find discount %.
Q21.
An article marked at ₹1600 is sold at a discount of 25%. Find SP.
Q22.
If SP is ₹1050 after 30% discount, find MP.
Q23.
A shopkeeper gives a discount of 5% more than the marked discount of 20%. Find total discount %.
Q24.
The discount allowed on an article is ₹300 which is 15% of MP. Find MP.
Q25.
An article is marked at ₹500. If a discount of 10% is given twice, find final SP.
Answer
Answers – Discount
Q1. 20%
Q2. ₹960
Q3. ₹500
Q4. ₹300
Q5. 28%
Q6. 15%
Q7. ₹1200
Q8. 20%
Q9. ₹2200
Q10. ₹980
Q11. ₹800
Q12. ₹1000
Q13. No change (0%)
Q14. 15%
Q15. 25%
Q16. ₹1150
Q17. ₹360
Q18. 25%
Q19. 19%
Q20. 10%
Q21. ₹1200
Q22. ₹1500
Q23. 25%
Q24. ₹2000
Q25. ₹405