Profit & Loss · Question 21 · Medium
A store offers 'Buy 4, get 1 free' on soaps. What is the effective discount percentage for a customer who takes 5 soaps?
- 25%
- 15%
- 20%
- 80%
Answer and explanation
Answer: C. 20%
Explanation: The customer pays for 4 soaps but gets 5. Discount = 1/5 × 100 = 20% of the value received.
Previous: A trader makes a profit of 25% on the cost price. What is his profit as a… · Next: The profit earned by selling an article for ₹1,320 is equal to the loss…
Practise profit & loss
Try a fresh set of profit & loss questions with an explanation after every answer, free and without signing up: Profit & Loss practice. Or sit a full placement mock test.
More profit & loss questions
- A fruit vendor buys 25 kg of mangoes for ₹1,500 and sells them at ₹72 per kg…
- A shopkeeper sells a school bag for ₹1,190 after giving a 15% discount. What…
- A trader makes a profit of 25% on the cost price. What is his profit as a…
- The profit earned by selling an article for ₹1,320 is equal to the loss…
- A shopkeeper sells 15 notebooks and his profit equals the selling price of 3…
- Successive discounts of 25% and 20% are equivalent to a single discount of…
- A dealer buys 80 LED bulbs at ₹50 each. 8 of them turn out to be defective and…
- Farhan buys two scooters for ₹50,000 each. He sells one at a profit of 20% and…
- An article is sold at a 10% profit. Had it been bought for 10% less and sold…
- A dishonest shopkeeper uses false weights to get 10% more than the stated…
More quantitative aptitude practice
Simple & Compound Interest · Ratio & Proportion · Averages · Problems on Ages · Mixtures & Alligation · Time & Work · Pipes & Cisterns · Time, Speed & Distance
LogicWiz Exams home · All practice topics · Placement mock tests · Daily 10 challenge