This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Discount – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Discount Quiz 6 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A camera was sold during a sale. The original price was $ 400 and after the discount the price was $ 280. Calculate the percentage discount. A) 30%. B) 70%. C) 42.9%. D) None of above. Show Answer Correct Answer: A) 30%. 2. What is the application of discounting in business? A) Discounting is used to evaluate the quality of customer service. B) Discounting is used to determine the price of products in a store. C) Discounting is used to calculate employee salaries. D) Discounting helps in evaluating the profitability and feasibility of investment projects, determining the present value of future cash flows, and making decisions about financing options. Show Answer Correct Answer: D) Discounting helps in evaluating the profitability and feasibility of investment projects, determining the present value of future cash flows, and making decisions about financing options. 3. After receiving a 25% discount, Sue paid $ 180 for a lawnmower. What is the original price of the lawnmower before the discount? A) $ 215. B) $ 220. C) $ 225. D) $ 240. E) $ 245. Show Answer Correct Answer: D) $ 240. 4. Kinabalu store offers discount of 12% on A4 paper it sells. 12% is ..... A) Chain Discount Rate. B) Single Discount Rate. Show Answer Correct Answer: B) Single Discount Rate. 5. Is this true?Discount= Selling Price-Marked Price A) True. B) False. Show Answer Correct Answer: B) False. 6. If S.P = Rs 650 and M.P = Rs 800 then what will occur A) Discount = 150. B) Profit = 150. C) Loss = 150. D) None of them. Show Answer Correct Answer: A) Discount = 150. 7. Dicount = A) Selling price-marked price. B) Marked price-selling price. C) Marked price-cost price. D) Cost price-marked price. Show Answer Correct Answer: B) Marked price-selling price. 8. What is the present value of Rs. 5,00,000 to be received after 5 years assuming 10 % interest rate?(DF-.621) A) 2,35,500. B) 3,10,500. C) 3,15,000. D) 3,50,500. Show Answer Correct Answer: B) 3,10,500. 9. Deaune wants a burger meal at Red Robin. The regular price is $ 20.00. With a coupon for a 10% discount. How much money did Deaune save? A) $ 2.00. B) $ 18.00. C) $ 22.00. D) $ 10.00. Show Answer Correct Answer: A) $ 2.00. 10. A discount of 15% on one article is the same as discount of 20% on a second article. The costs of the two articles can be A) Rs. 85, Rs. 60. B) Rs. 60, Rs. 40. C) Rs. 40, Rs. 20. D) Rs. 80, Rs. 60. Show Answer Correct Answer: D) Rs. 80, Rs. 60. ← PreviousNext →Related QuizzesDiscount Quiz 1Discount Quiz 2Discount Quiz 3Discount Quiz 4Discount Quiz 5Discount Quiz 7Discount Quiz 8Discount Quiz 9Discount Quiz 10Discount Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books