SSC CGL Discount Questions: Concept, Detailed Solutions and Tips

Preparation for quantitative aptitude for the SSC CGL exam is a tough task. Small steps lead you toward your success. Preparation for the discount topic is one of the important steps, because preparing this topic will help in other topics too, such as Profit and Loss, Simple Interest, and Percentages. You must solve SSC CGL discount questions so that you become aware of the types of questions SSC asks in the exam. This blog has provided the basic concept and questions on discount, and a PDF containing detailed solutions to them. While solving these questions, you are advised to understand and analyze them carefully. Along with that, solve our SSC CGL speed tests so that you can improve your speed for solving such types of questions.

Discount for SSC CGL: Basic Concept and Formulas

A discount is a reduction in the marked price (or listed price) of an item. It is given to attract customers and increase sales.

Important Terms:

Term	Description
Marked Price (MP)	The original price printed on the product
Selling Price (SP)	The price at which the product is actually sold
Discount	The difference between the Marked Price and Selling Price
Discount %	Discount calculated as a percentage of the Marked Price

Basic Discount Formula:

Here we have provided the basic formula for discount:

Discount=Marked Price−Selling Price

Profit or Loss with Discount: Even after giving a discount, the seller may gain or lose money depending on the Cost Price.

Profit/Loss = SP – CP
Profit/Loss %:

When MP, Discount%, and CP are known

SSC CGL Discount Questions: Download Free PDF

Discount is a vast topic, and questions can be created in many types. Solving all types of questions can be difficult. To make it easy, we have provided some questions based on the SSC level with their detailed solution so that you can know what types of questions SSC asks in the exam. You are highly encouraged to first go through the basic concept and understand the topic. Try to solve these questions first by yourself, and then check with our detailed solution provided in the PDF.

Question 1: If a person bought an item for Rs. 120 and sold at a profit of 32.5%, then find the selling price of the item.

A) Rs. 149

B) Rs. 159

C) Rs. 144

D) Rs. 154

Question 2: Rekha bought a bouquet for Rs. 220, but then had to sell it later at Rs. 176. Find her percentage loss.

A) 18%

B) 22%

C) 20%

D) 24%

Question 3: The selling price of an article when it is sold at a profit of 20% is Rs. 480. Find the percentage loss if the article is sold for Rs. 340.

A) 10%

B) 20%

C) 25%

D) 15%

Question 4: Simran spends 16% of her monthly income on rent and 75% of the rest on household expenditure. If she saves Rs. 1,575, then find her monthly income.

A) Rs. 6,300

B) Rs. 7,800

C) Rs. 7,500

D) Rs. 6,900

Question 5: A shopkeeper allows successive discounts of 15% and 20%, respectively, on an item. If the marked price of the item is Rs. 3,750, then find the selling price of the item.

A) Rs. 2,750

B) Rs. 2,550

C) Rs. 2,754

D) Rs. 2,176

Question 6: A seller claims to sell a product at cost price but in actual he is using a faulty weight of 720 grams instead of 1,000 grams. Find the percentage of profit earned by the seller.

A) (350/9)%

B) (125/3)%

C) (256/9)%

D) None of these

Question 7: A seller sold an item at a profit of 15%. If he had purchased it for 10% less and sold it for Rs. 20 less, then he would have gained 25%. Find the initial cost price of the item.

A) Rs. 950

B) Rs. 750

C) Rs. 900

D) Rs. 800

Question 8: A seller sold an item at a profit of 18%. Had he sold it for Rs. 151.20 more, he would have gained ‘p’%. If the cost price of the item is Rs. 2,160, then find the value of ‘p’.

A) 20

B) 30

C) 25

D) 35

Question 9: On selling a cap for Rs. 840, a seller earns a profit of ‘x%’. If the same article is sold for Rs. 875, then he would have earned a profit of (x + 5)%. Find the value of ‘x’.

A) 20

B) 30

C) 45

D) 35

Question 10: A seller sold an item at a loss of 17.5%. If it had been sold for Rs. 448 more, then he would’ve earned a profit of 10.5%. Find the cost price of the item.

A) Rs. 1,850

B) Rs. 1,500

C) Rs. 1,740

D) Rs. 1,600

Tips to Solve Discount Questions Easily and Timely in SSC CGL Exam

Questions of discount can be solved in many ways, but optimization is very important if you want to save your time. This can be achieved by a lot of practice and using tips and tricks for solving the questions. Below, we have mentioned some tips and tricks that will help you optimize your problem-solving skills.

1. Learn All Formulas: First of all, you should have learn all formulas so that whenever you solve any question and there is a need for a formula, you can implement and use it. It can save you time during problem-solving. Below, we have mentioned a formula that you will be required to implement in most of the SSC questions.

2. Convert Percentage to Fraction: Quick calculations become easier when you use common percentages as fractions.

• 10% = 1/10
• 20% = 1/5
• 25% = 1/4
• 50% = 1/2

3. Use Successive Discount Formula: If two discounts of x% and y% are given successively:

4. Quick Increase Trick: Direct Addition Method: If the original price is Rs. 100 and it increases by 10%, simply add 10 to 100.

Selling Price = 100 + 10 = Rs. 110

5. Quick Discount Trick: Direct Subtraction Method: If a product has a price of 100 and a 10% discount is offered, then simply subtract 10 from 100.

For x% discount on any price, just calculate:
Selling Price = Price – (x% of Price)

6. Avoid Decimal Calculations Where Possible: Stick to fraction-based calculations or multiply/divide smartly using base values like 100, 1000, etc.

7. Don’t Confuse Discount with Loss: Discount reduces SP from MP; Loss is calculated based on Cost Price (CP). They are not the same.

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