(b) SP = 630.30, Loss = 4.5%
Answers
Answer:
Find CP, when
(a) SP = ` 428, Profit = 7% (b) SP = ` 630.30, Loss = 4.5%
4. Divide ` 336 among three friends A, B and C in the ratio of 3 : 4 : 5.
5. Dinesh saves 20% of his monthly income. His monthly expenditure is ` 4,800. Find his monthly income.
6. In an examination, a student has to score 40% marks to pass. He gets 40 marks and fails by 40 marks.
Find the maximum number of marks.
7. After a 20% hike, the cost of a refrigerator is ` 15,300. What was the original price of the refrigerator?
8. The population of a city increased by 15% in a year. If the present population is 20,700, find the
population a year ago.
9. 40% of the passengers from a bus got off at station A, 75% of the remaining got off at station B. If the
remaining 12 passengers were taken to station C, find the original number of passengers.
10. In an election, there were only two candidates. The winner polled 53% votes and won by 9600 votes.
Find the total number of votes polled.
11. After selling a sweater for ` 600, Seema suffered a loss of 20%. Find the cost price of the sweater.
DISCOUNTS AND SALES TAX/VAT/GST MP of the watch = ` 1600
Rate of discount = 8%
Discounts Discount = 8% of ` 1600
You are probably familiar with daily “special sales” 8
in stores and shops. To attract customers to buy = × ` 1600 = ` 128
goods or to promote sales, the stores/shops offer a 100
certain type of reduction in the Marked Price (MP) So, SP of the watch = ` 1600 – ` 128 = ` 1472.
or List Price (LP) of goods. This type of reduction Illustration 2: If a television set has a list price of
given on the marked ` 16,200 and it is selling at a discounted price of
price is called discount. ` 13,770, then
It is generally given as a MP = ` 16,200; the sale price = ` 13,770; and the
certain per cent of the discount = ` 16,200 – ` 13,770 = ` 2430
marked price. The per cent of discount can be computed by using
The discounted price is the formula,
called the sale price of Discount
the article. Discount % = MP × 100
So, Discount = Marked Price (MP) – Selling Price (SP) ` 2430
and Rate of Discount = ` 16200 × 100 ⇒ Discount = 15%
Discount
= Discount % = × 100%
MP Watch Your Step!
Discount is always calculated on the marked price.
The base for the calculation of discount or the rate
of discount is always on the original selling price. Successive Discounts
Finding Discounts After the original prices have been reduced by one
We explain ‘finding discounts’ by some illustrations. discount, additional discounts may be offered to take
into consideration the competing markets, as well as
Illustration 1: Marked price of a watch is ` 1600. for promotional purposes.
It is sold at a discount of 8%. Let us find the selling When two successive discounts are offered on the
price of the watch. same item, the first discount rate is based on the
138
Answer:
660 rupees it is right answer