We have already covered the basic concepts of Profit, Loss, Discount and Marked Price. In order to understand the practical application of Marked Price, this section provides a set of Marked Price Questions with Answers and Solutions to help you strengthen your understanding of the concept.
As already instructed, do not look at the answers and solutions immediately. First, try to solve the questions on your own. This approach will help you develop a stronger understanding of the concept and improve your problem-solving skills.
You can revise the formulas from our Profit, Loss and Discount Formula section. For quick revision, the important Marked Price formulas are also provided below.
The questions on this page range from easy to exam-level difficulty and cover the most important Marked Price concepts frequently asked in SSC, RRB, Banking, Defence and other competitive examinations.
So, let us start with Marked Price Questions with Answers and Solutions.
Quick Note: Marked Price Formula
Marked Price = Discount + Selling Price
Marked Price = (100 × Discount) / Discount%
Marked Price = Selling Price × 100 / (100 − Discount%)
Selling Price = Marked Price × (100 − Discount%) / 100
Question 1: A famous kachori seller near Ghantaghar, Kanpur offers a discount of ₹60 on a family snack pack. The customer finally pays ₹540. Find the Marked Price.
A. ₹580
B. ₹600
C. ₹620
D. ₹650
Solution
Given:
Discount = ₹60
Selling Price = ₹540
Formula:
Marked Price = Discount + Selling Price
Calculation:
Marked Price = ₹60 + ₹540
= ₹600
Answer:
Therefore, the Marked Price is ₹600.
Correct Answer: B. ₹600
Question 2: During the Diwali season, Agra Metro offers a 20% discount on a special tourist pass. A tourist purchases the pass for ₹240 after the discount. Find the Marked Price.
A. ₹280
B. ₹300
C. ₹320
D. ₹340
Solution
Given:
Discount = 20%
Selling Price = ₹240
Formula:
Marked Price = Selling Price × 100 / (100 − Discount%)
Calculation:
Marked Price = ₹240 × 100 / (100 − 20)
= ₹240 × 100 / 80
= ₹300
Answer:
Therefore, the Marked Price is ₹300.
Correct Answer: B. ₹300
Question 3: An employee at the Raebareli Rail Coach Factory purchases a safety kit.The seller offers a discount of ₹150, which is 15% of the Marked Price. Find the Marked Price.
A. ₹900
B. ₹950
C. ₹1,000
D. ₹1,050
Solution
Given
Discount = ₹150
Discount = 15% of the Marked Price
Formula:
Marked Price = (100 × Discount) / Discount%
Calculation:
Marked Price = (100 × ₹150) / 15
= ₹15,000 / 15
= ₹1,000
Answer:
Therefore, the Marked Price is ₹1,000.
Correct Answer: C. ₹1,000
Question 4: A passenger travelling from Esplanade to Park Street in Kolkata purchases two travel backpacks.The shopkeeper offers a discount of 10%.The total discount received by the passenger is ₹400.Find the total Marked Price of the two backpacks.
A. ₹3,600
B. ₹4,000
C. ₹4,200
D. ₹4,500
Solution
Given:
Discount = 10%
Discount Amount = ₹400
Formula:
Marked Price = (100 × Discount) / Discount%
Calculation:
Marked Price = (100 × ₹400) / 10
= ₹40,000 / 10
= ₹4,000
Answer:
Therefore, the total Marked Price of the two travel backpacks is ₹4,000.
Correct Answer: B. ₹4,000
Question 5: A bookstall near Bhiwani Railway Station, Haryana offers a 25% discount on a competitive exam guide. The student pays ₹450 after the discount. Find the Marked Price.
A. ₹550
B. ₹600
C. ₹650
D. ₹700
Solution
Given:
Discount = 25%
Selling Price = ₹450
Formula:
Marked Price = Selling Price × 100 / (100 − Discount%)
Calculation:
Marked Price = ₹450 × 100 / (100 − 25)
= ₹450 × 100 / 75
= ₹600
Answer:
Therefore, the Marked Price is ₹600.
Correct Answer: B. ₹600
Question 6: At the BITS Pilani Night Canteen, a student receives a discount of ₹120, which is 15% of the Marked Price.Find: a) Marked Price b) Selling Price
A. ₹800, ₹680
B. ₹800, ₹700
C. ₹750, ₹630
D. ₹900, ₹780
Solution
Given:
Discount = ₹120
Discount = 15% of the Marked Price
Formula to be used:
Marked Price = (100 × Discount) / Discount%
Selling Price = Marked Price − Discount
Calculation:
a) Marked Price
Marked Price = (100 × ₹120) / 15
= ₹12,000 / 15
= ₹800
b) Selling Price
Selling Price = ₹800 − ₹120
= ₹680
Answer:
Therefore, the Marked Price is ₹800 and the Selling Price is ₹680.
Correct Answer: A. ₹800, ₹680
Question 7: A passenger travelling by the New Delhi–Ranchi Rajdhani Express purchases a premium meal package. The Marked Price is ₹1,500 and a discount of 12% is offered. Find the Selling Price.
A. ₹1,300
B. ₹1,320
C. ₹1,350
D. ₹1,380
Given:
Marked Price = ₹1,500
Discount = 12%
Formula:
Selling Price = Marked Price × (100 − Discount%) / 100
Calculation:
Selling Price = ₹1,500 × (100 − 12) / 100
= ₹1,500 × 88 / 100
= ₹1,320
Answer:
Therefore, the Selling Price is ₹1,320.
Correct Answer: B. ₹1,320
SSC/RRB Shortcut:
A discount of 12% means the customer pays the remaining 88% of the Marked Price.
So, Selling Price = 88% of ₹1,500
=(88/100)x1500
= ₹1,320.
Question 8: During a journey on the Chakradharpur–Tatanagar railway route, a passenger purchases a catering combo.The shopkeeper offers a discount of 20%. The discount amount comes out to ₹240. Find: a) Marked Price b) Selling Price
A. ₹1,200, ₹960
B. ₹1,300, ₹1,040
C. ₹1,400, ₹1,120
D. ₹1,500, ₹1,200
Solution
Given:
Discount = 20%
Discount Amount = ₹240
Formula:
Marked Price = (100 × Discount) / Discount%
Selling Price = Marked Price − Discount
Calculation:
a) Marked Price
Marked Price = (100 × ₹240) / 20
= ₹24,000 / 20
= ₹1,200
b) Selling Price
Selling Price = ₹1,200 − ₹240
= ₹960
Answer:
Therefore, the Marked Price is ₹1,200 and the Selling Price is ₹960.
Correct Answer: A. ₹1,200, ₹960
SSC/RRB/Defence/Banking Shortcut:
Since the discount is 20%, and 20% of the Marked Price = ₹240, the Marked Price comes out to be = ₹1,200.
Therefore, Selling Price = ₹1,200 − ₹240 = ₹960.
Question 9: A parking stand near Bareilly Railway Station offers a monthly parking pass. After a discount of 20%, the customer pays ₹1,200. Find: a) Marked Price b) Discount Amount
A. ₹1,500, ₹300
B. ₹1,400, ₹280
C. ₹1,600, ₹320
D. ₹1,800, ₹360
Solution
Given:
Discount = 20%
Selling Price = ₹1,200
Calculation:
a) Marked Price
Marked Price = ₹1,200 × 100 / 80
= ₹1,500
b) Discount Amount
Discount Amount = ₹1,500 − ₹1,200
= ₹300
Answer:
Therefore, the Marked Price is ₹1,500 and the Discount Amount is ₹300.
Correct Answer: A. ₹1,500, ₹300
SSC/RRB Shortcut:
Since 80% of the Marked Price = ₹1,200, the Marked Price = ₹1,200 × 100 ÷ 80 = ₹1,500.
Therefore, the Discount = 1500-1200= ₹300.
Question 10: A tourist visiting Nainital Lake purchases a sightseeing package. Later, while travelling on the Mussoorie–Dehradun road, he learns that the package carried a marked price of ₹3,000 and a discount of 15% was offered. Find: a) Selling Price b) Discount Amount
A. ₹2,550, ₹450
B. ₹2,600, ₹400
C. ₹2,500, ₹500
D. ₹2,700, ₹300
Solution
Given:
Marked Price = ₹3,000
Discount = 15%
Calculation:
a) Selling Price
Selling Price = ₹3,000 × 85 / 100
= ₹2,550
b) Discount Amount
Discount Amount = ₹3,000 × 15 / 100
= ₹450
Answer:
Therefore, the Selling Price is ₹2,550 and the Discount Amount is ₹450.
Correct Answer: A. ₹2,550, ₹450
SSC/RRB Shortcut:
Since the discount is 15%, the customer pays 85% of the Marked Price.
Therefore, Selling Price = 85% of ₹3,000 = ₹2,550, and Discount = 15% of ₹3,000 = ₹450.
Question 11: An SSC aspirant recently cleared SSC CGL and got selected for the post of Assistant Section Officer (ASO). Before moving to his new posting location, he decided to sell an almirah kept in his paying guest (PG) room. The almirah was sold for ₹5,700 after allowing a 5% discount on its marked price. Find the marked price of the almirah.
A. ₹5,900
B. ₹6,000
C. ₹6,100
D. ₹6,200
Solution
Given:
Selling Price = ₹5,700
Discount = 5%
Calculation:
Marked Price = ₹5,700 × 100 / 95
= ₹6,000
Answer:
Therefore, the Marked Price of the almirah is ₹6,000.
Correct Answer: B. ₹6,000
SSC/RRB/Defence/Banking Shortcut:
95% of the Marked Price = ₹5,700.
Therefore, (Marked Price) = ₹5,700 × 100 ÷ 95 = ₹6,000.
Question 12: A Loco Pilot recently completed 5 years of service in Indian Railways and decided to give a party to his fellow railway staff. He visited a famous sweet shop in Jajpur Town to purchase sweets. The marked price of the sweets order was ₹2,500. During a special festive sale, the shopkeeper offered a 20% discount. Find the Selling Price of the sweets order.
A. ₹1,800
B. ₹1,900
C. ₹2,000
D. ₹2,100
Solution
Given:
Marked Price = ₹2,500
Discount = 20%
Calculation:
Selling Price = ₹2,500 × 80 / 100
= ₹2,000
Answer:
Therefore, the Selling Price of the sweets order is ₹2,000.
Correct Answer: C. ₹2,000
SSC/RRB/Defence/Banking Shortcut:
Since the discount is 20%, the customer pays 80% of the Marked Price.
Therefore, 80% of ₹2,500 = ₹2,000.
What We Learn in Marked Price Questions with Answers and Solutions
In this section, we practiced different types of marked price questions and learned how to find the Marked Price, Selling Price, Discount Percentage, and Discount Amount using formulas as well as quick SSC/RRB shortcut methods.
Important Resources to Profit, Loss & Discount
- Profit, Loss and Discount: Formula, Questions, Tricks & Examples for SSC, RRB
- Profit, Loss and Discount Formulas: Complete Formula Sheet for SSC, RRB, Banking & Defence Exams
- Profit & Loss Questions with Answers and Solutions
- GST Questions with Answers and Solutions
- Dishonest Shopkeeper Questions with Answers and Solutions
- Discount Questions with Answers and Solutions
- Successive Discount Questions with Answers and Solutions
- Profit, Loss & Discount Practice Questions
- Profit, Loss & Discount PYQs SSC, RRB, Banking & Defence Exams (Solved)