This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Discount – Quiz 8 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Discount Quiz 8 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A single discount equivalent to the discount series of 20%, 10% and 5% is? A) 25%. B) 30%. C) 31.6%. D) 33.5%. Show Answer Correct Answer: C) 31.6%. 2. Discounting future cash flows helps in determining: A) Future value. B) Time lag. C) Present value. D) Interest rate. Show Answer Correct Answer: C) Present value. 3. Mr. Stephan received a 30% discount on a bulk order of t-shirts. If he paid $ 575 for the shirts, what was the price before the discount? A) $ 402.50. B) $ 1,916.67. C) $ 821.43. D) $ 172.50. Show Answer Correct Answer: C) $ 821.43. 4. The price of a train ticket to Adelaide is reduced from $ 260 to $ 195 in a sale. The percentage discount which has been applied is closest to: A) 33%. B) 64%. C) 25%. D) 75%. E) 43%. Show Answer Correct Answer: C) 25%. 5. Shopkeeper A and B are selling a same toy. Shopkeeper A gives 2 consecutive discounts of 30% and 20% whereas, shopkeeper B gives 1 discount of 50%. Which shopkeeper will I pay less if I buy the toy from both A) Shop A. B) Shop B. Show Answer Correct Answer: B) Shop B. 6. An aquarium is on sale for $ 59.50. If this price represents a 15% discount from the original price, what is the original price to the nearest cent? A) $ 50.25. B) $ 60. C) $ 65.75. D) $ 70. Show Answer Correct Answer: D) $ 70. 7. Janice bought a bag at a 30% discount. The original price is $ 600. How much did she pay for the discounted bag? A) $ 440. B) $ 460. C) $ 420. D) $ 500. Show Answer Correct Answer: C) $ 420. 8. Rs. 400 is the marked price of a Dress. But the shop gave a discount of 50 rupees. What is the selling price? A) 450. B) 350. C) Same price. D) 500. Show Answer Correct Answer: B) 350. 9. William purchased some pillows for $ 36. They were 25% off. What was the original price of the pillows? A) $ 48. B) $ 46. C) $ 9. D) $ 44. Show Answer Correct Answer: A) $ 48. 10. Selling price = Marked price- ..... A) Cost price. B) GST. C) Overhead expenses. D) Discount. Show Answer Correct Answer: D) Discount. ← PreviousNext →Related QuizzesDiscount Quiz 1Discount Quiz 2Discount Quiz 3Discount Quiz 4Discount Quiz 5Discount Quiz 6Discount Quiz 7Discount Quiz 9Discount Quiz 10Discount Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books