The Concept of Discount

Discounts are a reduction in the price of the product. Usually, shopkeepers increase the mark-up price and give their customers discounts to avoid any loss. The price after giving a discount is generally considered as the selling price of the product.

Our Research & Findings

#IBPS PO

As a sample we have choosen the last 4 year's (2019, 2018, 2017, 2016) previously asked question papers. In quatitative aptitude section, a total number of questions asked are 35. Out of these 35 questions 2.14% of questions are from Discount.

#SBIPO

As a sample we have choosen the last 4 year's (2019, 2018, 2017, 2016) previously asked question papers. In quatitative aptitude section, a total number of questions asked are 35. Out of these 35 questions 0.71% of questions are from Discount.

#TCSNQT

As a sample we have choosen the last 4 year's (2019, 2018, 2017, 2016) previously asked question papers. In quatitative aptitude section, a total number of questions asked are 26. Out of these 26 questions 2.88% of questions are from Discount.

Teaching Methodology

  • Concepts based solutions
  • Short cut methods
  • Spatial visualization
Sample Question

The market price of a chair was Rs. 1200. This price was 20% above the cost price. It was sold at a discount of 10% on the marked price. Find the profit percent.
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