Single Discount MCQ Quiz - Objective Question with Answer for Single Discount - Download Free PDF
Last updated on Jun 29, 2025
Latest Single Discount MCQ Objective Questions
Single Discount Question 1:
A store has a product with a cost price of ₹400. Additionally, if a customer uses a store loyalty card, they receive an extra 5% discount. What is the final price the customer pays?
Answer (Detailed Solution Below)
Single Discount Question 1 Detailed Solution
Given:
Cost Price (CP) = ₹400
Discount = 5%
Formula used:
Final Price = CP × (1 - Discount/100)
Calculation:
Final Price = ₹400 × (1 - 5/100)
⇒ Final Price = ₹400 × (1 - 0.05)
⇒ Final Price = ₹400 × 0.95
⇒ Final Price = ₹380
∴ The correct answer is option (2).
Single Discount Question 2:
A shopkeeper offers a festive offer: buy any three shirts, get two free. Find the equivalent percentage discount for the offer.
Answer (Detailed Solution Below)
Single Discount Question 2 Detailed Solution
Given:
A shopkeeper offers a festive offer: buy any three shirts, get two free.
Formula used:
Equivalent Discount Percentage = Number of Free Items/Total Items (Paid + Free) × 100
Calculation:
Total shirts = 3 (paid) + 2 (free) = 5
Equivalent Discount Percentage = 2/5 × 100
⇒ Equivalent Discount Percentage = (2 × 100) / 5
⇒ Equivalent Discount Percentage = 200 / 5
⇒ Equivalent Discount Percentage = 40%
∴ The correct answer is option (4).
Single Discount Question 3:
An article is at 10% more than the CP. If discount of 10% is allowed then which of the following is right ?
Answer (Detailed Solution Below)
Single Discount Question 3 Detailed Solution
Given:
Marked price is 10% more than the cost price (CP).
Discount of 10% is allowed.
Formula used:
Marked price (MP) = CP + 10% of CP
Selling price (SP) = MP - 10% of MP
Profit/Loss = SP - CP
Profit/Loss % = (Profit/Loss / CP) × 100
Calculation:
Let the cost price (CP) be 100.
Marked price (MP) = 100 + 10% of 100 = 100 + 10 = 110.
Discount = 10% of 110 = 11.
Selling price (SP) = 110 - 11 = 99.
Profit/Loss = SP - CP = 99 - 100 = -1.
Loss = 1.
Loss % = (1 / 100) × 100 = 1%.
∴ There is a loss of 1%.
Top Single Discount MCQ Objective Questions
A store has a product with a cost price of ₹400. Additionally, if a customer uses a store loyalty card, they receive an extra 5% discount. What is the final price the customer pays?
Answer (Detailed Solution Below)
Single Discount Question 4 Detailed Solution
Download Solution PDFGiven:
Cost Price (CP) = ₹400
Discount = 5%
Formula used:
Final Price = CP × (1 - Discount/100)
Calculation:
Final Price = ₹400 × (1 - 5/100)
⇒ Final Price = ₹400 × (1 - 0.05)
⇒ Final Price = ₹400 × 0.95
⇒ Final Price = ₹380
∴ The correct answer is option (2).
Single Discount Question 5:
A store has a product with a cost price of ₹400. Additionally, if a customer uses a store loyalty card, they receive an extra 5% discount. What is the final price the customer pays?
Answer (Detailed Solution Below)
Single Discount Question 5 Detailed Solution
Given:
Cost Price (CP) = ₹400
Discount = 5%
Formula used:
Final Price = CP × (1 - Discount/100)
Calculation:
Final Price = ₹400 × (1 - 5/100)
⇒ Final Price = ₹400 × (1 - 0.05)
⇒ Final Price = ₹400 × 0.95
⇒ Final Price = ₹380
∴ The correct answer is option (2).
Single Discount Question 6:
A shopkeeper offers a festive offer: buy any three shirts, get two free. Find the equivalent percentage discount for the offer.
Answer (Detailed Solution Below)
Single Discount Question 6 Detailed Solution
Given:
A shopkeeper offers a festive offer: buy any three shirts, get two free.
Formula used:
Equivalent Discount Percentage = Number of Free Items/Total Items (Paid + Free) × 100
Calculation:
Total shirts = 3 (paid) + 2 (free) = 5
Equivalent Discount Percentage = 2/5 × 100
⇒ Equivalent Discount Percentage = (2 × 100) / 5
⇒ Equivalent Discount Percentage = 200 / 5
⇒ Equivalent Discount Percentage = 40%
∴ The correct answer is option (4).
Single Discount Question 7:
An article is at 10% more than the CP. If discount of 10% is allowed then which of the following is right ?
Answer (Detailed Solution Below)
Single Discount Question 7 Detailed Solution
Given:
Marked price is 10% more than the cost price (CP).
Discount of 10% is allowed.
Formula used:
Marked price (MP) = CP + 10% of CP
Selling price (SP) = MP - 10% of MP
Profit/Loss = SP - CP
Profit/Loss % = (Profit/Loss / CP) × 100
Calculation:
Let the cost price (CP) be 100.
Marked price (MP) = 100 + 10% of 100 = 100 + 10 = 110.
Discount = 10% of 110 = 11.
Selling price (SP) = 110 - 11 = 99.
Profit/Loss = SP - CP = 99 - 100 = -1.
Loss = 1.
Loss % = (1 / 100) × 100 = 1%.
∴ There is a loss of 1%.