RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2

RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2

These Solutions are part of RD Sharma Class 8 Solutions. Here we have given RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.1

Other Exercises

Question 1.
Find the S.P. If
(i) M.P. = Rs. 1300 and Discount = 10%
(ii) M.P. = Rs. 500 and Discount = 15%
Solution:
(i) M.P. = Rs. 1300, Discount = 10%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 1
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 2
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 3

Question 2.
Find the M.P. If
(i) S.P. = Rs. 1222 and Discount = 6%
(ii) S.P. = Rs. 495 and Discount = 1%
Solution:
(i) S.P. = Rs. 1222, discount = 6%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 4

Question 3.
Find discount in percent when
(i) M.P. = Rs. 900 and S.P. = Rs. 873
(ii) M.P. = Rs. 500 and S.P. = Rs. 425
Solution:
(i) M.P. = Rs. 900
S.P. = Rs. 873
Discount = M.P. – S.P. = Rs. 900 – Rs. 873 = Rs. 27
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 5
(ii) M.P. = Rs. 500
S.P. = Rs. 425
Discount M.P. – S.P. = Rs. 500 – Rs. 425 = = Rs. 75
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 6

Question 4.
A shop selling sewing machines offers 3% discount on ail cash purchases. What cash amount does a customer pay for a sewing machine, the price of which is marked as Rs. 650.
Solution:
Marked price (M.P.) of one sewing machine = Rs. 650
Rate of discount = 3%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 7

Question 5.
The marked price of a ceiling fan is Rs. 720. During off season, it is sold for Rs. 684. Determine the discount percent.
Solution:
Marked price (M.P.) of fan = Rs. 720
Sale price (S.P.) = Rs. 684
Amount of discount = M.P. – S.P. = Rs. 720 – Rs. 684 = Rs. 36
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 8

Question 6.
On the eve of Gandhi Jayanti, a saree is sold for Rs. 720 after allowing 20% discount. What is the marked price ?
Solution:
S.P. of saree = Rs. 720
Rate of discount = 20%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 9

Question 7.
After allowing a discount of 7\(\frac { 1 }{ 2 }\) % on the marked price, an article is sold for Rs. 555. Find its marked price.
Solution:
Selling price (S.P.) = Rs. 555
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 10

Question 8.
A shopkeeper allows his customers 10% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs. 250?
Solution:
Marked price = Rs. 250
Discount allowed = 10%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 11
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 12

Question 9.
A shopkeeper allows 20% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs. 500 ?
Solution:
Marked price (M.P.) of an article = Rs. 500
Discount allowed = 20%
Selling price (S.P.)
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 13

Question 10.
A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs 170 ?
Solution:
Rate of discount = 15% gain = 20%
Cost price (C.P.) of an article = Rs 170
Selling price (S.P.)
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 14

Question 11.
A shopkeeper marks his goods in such a way that after allowing a discount of 25% on the marked price, he still makes a profit of 50%. Find the ratio of the C.P. to the M.P.
Solution:
Let cost price (C.P.) = Rs 100
Profit = 50%
Selling Price (S.P.)
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 15

Question 12.
A cycle dealer offers a discount of 10% and still makes a profit of 26%. What is the actual cost to him of a cycle whose marked price is Rs 840 ?
Solution:
Rate of discount = 10%
Gain = 26%
Marked Price (M.P.) = Rs 840
Selling Price (S.P.)
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 16

Question 13.
A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains Rs 56 on one item, find his advertised price.
Solution:
Rate of commission = 23%
Profit = 10%
Total gain = Rs 56
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 17

Question 14.
A shopkeeper marks his goods at 40% above the cost price but allows a discount of 5% for cash payment to his customers. What actual profit does he make, if he receives Rs 1064 after paying the discount ?
Solution:
Let cost price (C.P.) = Rs 100
Marked price = Rs 100 + 40 = Rs 140
Rate of discount = 5%
Selling price (S.P)
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 18

Question 15.
By selling a pair of ear rings at a discount of 25% on the marked price, a jeweller makes a profit of 16%. If the profit is Rs 48, what is the cost price ? What is the marked price and the price at which the pair was eventually bought ?
Solution:
Total profit = Rs 48
Profit percent = 16%
Cost price = \(\frac { 48 x 100 }{ 16 }\) = Rs 300
Selling Price = C.P. + profit = Rs 300 + Rs 48 = Rs 348
Rate of discount = 25%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 19

Question 16.
A publisher gives 32% discount on the printed price of a book to booksellers. What does a bookseller pay for a book whose printed price is Rs 275 ?
Solution:
Printed price of a book = Rs 275
Rate of discount = 32%
Selling price (S.P.)
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 20

Question 17.
After allowing a discount of 20% on the marked price of a lamp, a trader loses 10%. By what percentage is the marked price above the cost price ?
Solution:
Rate of discount = 20%
Loss = 10%
Let the cost price of the lamp = Rs 100
Loss = 10%
Selling price = Rs 100 – 10 = Rs 90
Rate of discount = 20%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 21

Question 18.
The list price of a table fan is Rs 480 and it is available to a retailer at 25% discount. For how much should a retailer sell it to gain 15% ?
Solution:
List price of table fan (M.P.) = Rs 480
Rate of discount = 25%
Selling price (S.P)
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 22

Question 19.
Rohit buys an item at 25% discount on the marked price. He sells it for Rs 660, making a profit of 10%. What is the marked price of the item ?
Solution:
Rate of discount = 25%
Selling price (S.P.) for Rohit = Rs 660
Profit = 10%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 23
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 24

Question 20.
A cycle merchant allows 20% discount on the marked price of the cycles and still makes a profit of 20%. If he gains Rs 360 over the sale of one cycle, find the marked price of the cycle.
Solution:
Rate of discount = 20%
Profit = 20%
Total gain = Rs 360
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 25

Question 21.
Jyoti and Meena run a ready-made garment shop. They mark the garments at such a price that even after allowing a discount of 12.5%, they make a profit of 10%. Find the marked price of a suit which costs them Rs 1470.
Solution:
Rate of discount = 12.5%
Profit = 10%
Cost price = Rs 1470
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 26
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 27

Question 22.
What price should Aslam mark on a pair of shoes ? Which costs him Rs 1200 so as to gain 12% after allowing a discount of 16% ?
Solution:
Cost price of shoes = Rs 1200
Gain = 12%
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 28

Question 23.
Jasmine allows 4% discount on the marked price of her goods and still earns a profit of 20%. What is the cost price of a shirt for her marked at Rs 850 ?
Solution:
Marked price of a shirt = Rs 850
Discount = 4%
Selling price
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 29
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 30

Question 24.
A shopkeeper offers 10% off-season discount to the customers and still makes a profit of 26%. What is the cost price for the shopkeeper on a pair of shoes marked at Rs 1120 ?
Solution:
Marked price = Rs 1120
Rate of discount = 10%
S.P. of shoes
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 31

Question 25.
A lady shopkeeper allows her customers 10% discount on the marked price of the goods and still gets a profit of 25%. What is the cost price of a fan for her marked at Rs 1250 ?
Solution:
Marked price (M.P.) of fan = Rs 1250
Discount = 10%
S.P. of the fan
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 32
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 33
RD Sharma Class 8 Solutions Chapter 13 Profits, Loss, Discount and Value Added Tax (VAT) Ex 13.2 34

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