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Example 2 - Chapter 7 Class 8 Comparing Quantities
Last updated at April 16, 2024 by Teachoo
Chapter 7 Class 8 Comparing Quantities
Concept wise
- Ratios & Percentages
- Finding Increase or Decrease Percent
-
Finding Discounts
- Finding cost price, selling price, profit % , loss%
- Sales Tax and Value Added Tax
- Simple Interest
- Compound Interest
- Compound Interest compounded half yearly
- Compound Interest for fraction years
- Applications of Compound Interest Formula
Transcript
Example 2 An item marked at Rs 840 is sold for Rs 714. What is the discount and discount %?Given, Marked Price = Rs 840 Sale Price = Rs 714 Now, Discount = Marked Price − Sale Price = 840 − 714 = 126 Now, Discount Percentage = 𝐷𝑖𝑠𝑐𝑜𝑢𝑛𝑡/(𝑀𝑎𝑟𝑘𝑒𝑑 𝑃𝑟𝑖𝑐𝑒) × 100 = 𝟏𝟐𝟔/𝟖𝟒𝟎 × 100 = 1260/84 = 630/42 = 90/6 = 15 % ∴ Discount Price = Rs 126 & Discount Percentage = 15%
