Financial Problems-Discounts [CAT (Common Admission Test for IIMs) Quantitative Aptitude to Quantitative Aptitude (QA)]: Questions 1 - 5 of 8

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Passage

Diljeet wants to buy wheat. He can buy it from normal grocery store or from a farmer. Marked price at both the places is 1600. Grocery store is offering a discount of 10% and Diljeet will pay via Paytm so he will 15% more benefit over the discount provided by store owner. Farmer gives a flat discount of 30% .

Question 1 (1 of 2 Based on Passage)

Question MCQ▾

Find the difference in the final selling price offered both of them?

Choices

Choice (4)Response

a.

100

b.

Cannot be determined

c.

110

d.

104

Edit

Question 2 (2 of 2 Based on Passage)

Question MCQ▾

Diljeet should buy wheat from?

Choices

Choice (4)Response

a.

Cannot be determined

b.

Farmer

c.

Grocery Store

d.

All of the above

Edit

Question 3

Question MCQ▾

CB is a famous novelist and his new novel is coming in the market. Multiple online sellers are selling his novel at a discount of 30 to 35% . If the market price of the novel is 300, then, find the minimum possible price for which it is available?

Choices

Choice (4)Response

a.

200

b.

210

c.

205

d.

195

Edit

Question 4

Question MCQ▾

CB is a famous novelist and his new novel is coming in the market. Multiple online sellers are selling his novel at a discount of 30 to 35% . If Sita bought the novel at 325, then, find the maximum possible marked price of the book?

Choices

Choice (4)Response

a.

500

b.

400

c.

Cannot be determined

d.

550

Edit

Question 5

Question MCQ▾

Shopkeeper 1 marks the price of sugar at 100/kg and gives two successive discounts of 10% & 20% whereas Shopkeeper 2 marks the price of sugar at 80/kg and gives a discount of 5% . Chotu wants to buy sugar. Where he should go to buy the sugar?

Choices

Choice (4)Response

a.

Information can՚t be deduced with the given data

b.

Shopkeeper 2

c.

Cannot be determined

d.

Shopkeeper 1 and 2 are selling at same price

Edit