Question 2 - Page 18 - Profit and Loss - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II)

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Question 2 - Page 18 A utensil store is offering a 35% discount on the cooker with an MRP ₹1800. What is the selling price? If the cost price was ₹900, what is the percentage profit made after the sale?Given Discount percentage = 35% Marked Price = ₹ 1800 Now, Selling price = Marked Price – Discount Finding Discount Discount = Discount percentage × Marked price = 35% × 1800 = 35/100 × 1800 = 35 × 18 = ₹ 630 Thus, Selling price = Marked Price – Discount = 1800 – 630 = ₹ 1170 Now, next part of the question is If the cost price was ₹900, what is the percentage profit made after the sale? Cost Price = ₹ 900 Selling Price = ₹ 1170 Thus, Profit Percentage = 𝑃𝑟𝑜𝑓𝑖𝑡/(𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒) × 100 = (𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 − 𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒)/(𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒) × 100 = (1170 − 900)/900 × 100 = 𝟐𝟕𝟎/𝟗𝟎𝟎 × 100 = 27/90 × 100 = 27/9 × 10 = 3 × 10 = 30%= 35/100 × 1800 = 35 × 18 = ₹ 630 Thus, Selling price = Marked Price – Discount = 1800 – 630 = ₹ 1170 Now, next part of the question is If the cost price was ₹900, what is the percentage profit made after the sale? Cost Price = ₹ 900 Selling Price = ₹ 1170 Thus, Profit Percentage = 𝑃𝑟𝑜𝑓𝑖𝑡/(𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒) × 100 = (𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 − 𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒)/(𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒) × 100 = (1170 − 900)/900 × 100 = 𝟐𝟕𝟎/𝟗𝟎𝟎 × 100 = 27/90 × 100 = 27/9 × 10 = 3 × 10 = 30%