Complete guide to "Discount, Commission and Rebate" for Math students. Below you will find important questions and model answers to help you prepare.
We are building a dedicated quiz for this topic, but you can test your skills on a similar concept: Geometry (Angles, Circles, and 3D Nets) - Scholarship-VIII Practice Set 1.
Khadi Gramodyog Mandal declared rebate of 11.5 % on sale of cloth. A customer purchased cloth worth Rs. 65000. Find the amount of rebate that the customer will receive.
Rs. 6564
Rs. 7475
Rs. 8485
Rs. 6465
Ramrao sold 13 quintals wheat at Rs. 3250 per quintal and 23 quintals soyabean at Rs. 4350 per quintal through a commission agent 3% commission was paid. Find the amount that Ramrao will receive:
Rs. 1,38,031
Rs.1,38,033
Rs. 1,38,181
Rs. 1,38,432
A farmer got dripping equipment set from Agricultural Department for Rs. 3,25,000 at 35% discount. What was the marked price of the equipment?
Rs. 5,00,000
Rs. 4,50,000
Rs. 5,50,000
Rs. 4,80,000
A shopkeeper sold a fan having marked price Rs. 2300 at discounted price Rs. 2001. Find the percent discount given by the shopkeeper.
23%
17%
13%
15%
The marked price (MP) is Rs. and the discounted price (selling price, SP) is Rs. . The discount amount is Rs. The percent discount is calculated as . So, Percent Discount .