Page 194 - Start Up Mathematics_8 (Non CCE)

3. A dealer lists a table at 20% above the cost price and allows a discount of 10%. His profit percent is 8%.
4. The discount is allowed on the net selling price.

5. If the S.P. of an article is less than its C.P., then the difference between the C.P. and the S.P. is called the
profit.

Fill in the Blanks

1. The gain made if the ____________ is more than the ____________ is called ____________.
2. The ____________ given on the marked price of an article is called discount.
3. The loss and gain percent are always calculated on the ____________.

4. The value of 12% tax on ` 1,950 is equal to ____________.
5. If a water bottle marked ` 1,250 is sold for ` 1,175, then the discount % on it is ____________.

Answer in One Word or a Line
1. What are overhead expenses?

2. How do you calculate the net selling price, if the discount % is given?
3. What will be the S.P. of an article marked ` 800 if Ritu pays 5% tax on it?
4. Find the discount % if the M.P. is ` 2,000 and the S.P. is ` 1,950.

let’s evaluate
1. A shopkeeper bought locks at the rate of 6 locks for ` 255 and sold them at the rate of 8 locks for ` 380.
Find his profit percent.
2. On selling tea at ` 180 per kg, a shopkeeper loses 10%. Find
the quantity of tea sold if the total loss incurred is ` 100.
3. Ravi sold his car to Sunil at a loss of 28%. Sunil spent
` 5,040 on its repairs and sold the car to Rahul for
1
` 1,07,730, thereby making a profit of 12 % . Find the
cost of the car for Ravi. 2
4. Rahul bought two televisions for ` 30,000. By selling one at a
loss of 15% and the other at a gain of 19%, he found that the
selling price of both the televisions is the same. Find the cost
price of each television.
5. Find a single discount equivalent to three successive discounts of 10%, 5% and 4%.
6. Find the selling price of an article whose list price is ` 9,781.50 and which is sold after three successive
1
discounts of 20%, 12 % and 5%.
2
7. A publisher supplies books to a bookseller at 20% discount on the list price of ` 15,748. If the bookseller
sells books at the list price and if his expenses for freight, etc. are ` 454, find his profit.
8. Which is more favourable to a buyer and by how much—` 3,000 with 14% discount or the same amount
with two successive discounts of 10% and 5%?

Thinking Skills

1. Alka bought an article and spent ` 100 on its repairs. She then sold it to Tina at a profit of 20%. After
some time Tina sold it back to Alka at a loss of 20%. If Alka gains ` 240, what is the amount for which
Alka had bought the article?

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