Worksheet on Discounts assists students to solve the questions on the Marked price, Selling price, and on the Discounts from the concept of Profit and Loss. If the students are preparing for any kind of test, they can prepare from this worksheet which they will find extremely helpful.
In this Worksheet, every topic was covered by some examples with hints. By this students can easily solve the problems and can prepare for their exams. Given below are some examples and answers are also provided.
1. The marked price of a study table is $ 3650. The shopkeeper offers an off-season discount of 20% on it. Find its selling price.
2. The marked price of a sweater was changed from $ 860 to $ 716 by a shopkeeper in the winter season. Find the rate of discount given by him.
3. Find the rate of discount is given on a coat whose selling price is $ 446 after deducting a discount of $ 100 on its marked price.
4. After allowing a discount of 10% on a bag, it is sold for $ 300. Find the marked price of the bag.
5. A dinner set was bought for $ 628 after getting a discount of 15% on its marked price. Find the marked price of the dinner set.
6. A dealer marks his goods at 25% above the cost price and allows a discount of 10% on the marked price. Find his gain or loss percent.
7. A mobile phone was marked at 30% above the cost price and a discount of 15% was given at its marked price. Find the gain or loss percent made by the shopkeeper.
8. A dealer has purchased a cooler for $ 2080. After allowing a discount of 15% on its marked price, he gains 20%. Find the marked price of the cooler.
9. A dealer bought a freezer for $ 10500. After allowing a discount of 15% on its marked price, he gains 10%. Find the marked price of the freezer.
10. A carpenter allows a discount of 15% to his customers and still gains 20%. Find the marked price of a study table which costs the carpenter $ 2190.
11. After allowing a discount of 20% on the marked price, a shopkeeper still makes a gain of 15%. By what percent is the marked price above the cost price?
12. How much percent above the cost price should a dealer mark his goods so that after allowing a discount of 20% on the marked price, he gains 12%?
13. The marked price of a refrigerator is $ 29000. A dealer allows two successive discounts of 30% and 15%. For how much is the refrigerator available?
14. Find a single discount which is equivalent to two successive discounts of 30% and 15%.
Answers:
1) $2,920
2)16.74%
3)Hint. MP = (SP) + (discount).
18.31%
4) $333.33
5) $738.82
6) Gain percent is 12.5%
7) Loss percent is 10.5%
8) $2936.47
9) $13,588.23
10)$3,091
11) The shopkeeper must mark his good’s price 43.75 % more than the cost price.
12) 40%
13)$17,255
14)40.5%