Question types

Profit, Loss and Discount question types

101 questions across 4 question groups — pick any mix to generate a MATHS paper with step-by-step answer keys.

101
Questions
4
Question groups
5
Question types
Sample Questions

Profit, Loss and Discount questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 6[3 marks sum]3 Marks
Find the amount of bill for the following inter$-$state transaction of goods$/$services: Cost of transaction $= 30,000$; discount $= 30\%$ and $\text{GST}=28\%$.
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Q 7[3 marks sum]3 Marks
John belongs to Delhi. He buys goods, worth $Rs. 25,000$ from a shop in Delhi. If the rate of $\text{GST}$ is $5\%$, find how much money in all, will Does John pay for these goods?
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Q 8[3 marks sum]3 Marks
A bicycle is available for $Rs\ 1,664$ including sales tax. If the list price of the bicycle is $Rs\  1,600$, find :$(1)$ the rate of sales tax.$(2)$ the price, a customer will pay for the bicycle if the sales tax is increased by $6\%$.
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Q 10[3 marks sum]3 Marks
Rajat purchases a wrist-watch costing $Rs\  540$. The rate of sales tax is $8\%$. Find the total amount paid by Rajat for the watch.
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Q 11[4 marks sum]4 Marks
For both the following inter$-$state transaction of services, find the total amount of bill.$(i)$ Cost of services $= 5,000$, discount $= 20\%$ and $\text{GST} = 12\%$$(ii)$ Cost of services $= 12,500$, discount $= 40\%$ and $\text{GST} = 18\%$
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Q 12[4 marks sum]4 Marks
A shopkeeper sells an article for $Rs. 21384$ including $10\%$ sales tax. However, the actual rate of sales tax is $8\%$. Find the extra profit made by the dealer.
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Q 14[4 marks sum]4 Marks
By selling an article at a $20\%$ discount, a shopkeeper gains $25\%$. If the selling price of the article is $Rs.1,440$; find :$(i)$ the marked price of the article.$(ii)$ the cost price of the article.
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Q 15[4 marks sum]4 Marks
An article is marked at $Rs. 2,250$. By selling it at a discount of $12\%$, the dealer makes a profit of $10\%$. Find $:(i)$ the selling price of the article.$(ii)$ the cost price of the article for the dealer.
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Q 16[5 marks sum]5 Marks
A dealer in Bihar supplied goods to a dealer in Mumbai. The dealer in Mumbai buys : $(i)\  40$ articles for $800$ each at $30\%$ discount $(ii)\  75$ articles for $1,000$ each at $20\%$ discount.If the rate of $\text{GST}$, on the whole, is $12\%$, find how much will the dealer at Mumbai pay to a dealer in Bihar.
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Q 17[5 marks sum]5 Marks
A shopkeeper in Indore sells $20$ identical articles for $₹.450$ each. Find the amount of bill if he gives a $20\%$ discount and then charges $\text{GST} = 28%$
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Q 18[5 marks sum]5 Marks
Some goods$/$services cost $Rs. 16,000$ and the rate of $\text{GST}$ on them is $12\%$. Find the amount of the bill, in the case of : $(i)$ intra$-$state transaction.$(ii)$ inter$-$state transaction.
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Q 19[5 marks sum]5 Marks
When the rate of sale$-$tax is decreased from $9\%$ to $6\%$ for a coloured $T.V$.; Mrs. Geeta will save $Rs. 780$ in buying this $T.V$. Find the list price of the $T.V.$
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Q 20[5 marks sum]5 Marks
The price of an article is $Rs .8,250$ which includes sales tax at $10\%$. Find how much more or less does a customer pay for the article, if the sales tax on the article : $(i)$ increases to $15\%\ (ii)$ decreases to  $6\%(iii)$ increases by $2\%\ (iv)$ decreases by $3\%$
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