One of the most essential books for Class 8 Maths is by RS Aggarwal. The Class 8 Chapter 10 Profit and Loss answer will assist students in preparing for the exam and achieving a high grade. RS Aggarwal Solutions for Class 8 PDF is available for free download. To offer students with a thorough learning experience, RS Aggarwal Solutions for Class 8 Maths Chapter 10 Profit and Loss provide solutions to all of the problems in the RS Aggarwal book. There are many websites that offer students free NCERT solutions and other study tools.
Students will have a better grasp of the sorts of issues that are frequently addressed in this chapter by using the RS Aggarwal solutions. To acquire the solution to the exercise question provided in this chapter of the RS Aggarwal book, students can download and refer to the RS Aggarwal Solutions for Class 8 Maths Chapter 10 PDF created by the professionals at Vedantu. You can also download the RS Aggarwal Class 8 Maths Chapter 10 Exercise 10 1. To do well in their examinations and obtain outstanding grades, all students should refer to these RS Aggarwal Solutions. Students may always rely on the solutions offered by Vedantu’s qualified teachers if they have any issues when studying arithmetic or tackling the problems in the exercise. Download these RS Aggarwal Solutions for Class 8 Maths Chapter 10 Profit and Loss today to guarantee a better studying experience.
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There are several advantages to using the RS Aggarwal Solutions for Class 8 mathematics chapter 20 Profit and Loss. The following are some of the advantages:
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RS Aggarwal Solutions Class 8 Maths Chapter 10 Profit and Loss Important Topics to Practice
- What is Profit and What is Loss, in a nutshell?
- Calculating the Cost Price
- Selling Price Calculation
- Profit Percentage Calculation
- Calculating the percentage of loss
- Value-added Tax (VAT) Calculation (VAT).
What is the difference between profit and loss?
When the Selling Price exceeds the Cost Price, profit is simply the benefit an individual obtains from any commercial activity.
S.P – C.P = Profit when S.P > C.P
When an individual sells an item for less than the purchase price or the cost price, this is referred to as a loss.
C.P – S.P = Loss when C.P > S.P
Calculating the Purchase Price
If we have an article’s Selling Price and a profit on its sale, then Cost Price = Selling Price – Profit.
If we have an article’s Selling Price and a loss on its sale, Cost Price = Selling Price + Loss.
Developing a Selling Price
If an article’s Cost Price and Profit on Sale are specified, the article’s Selling Price will equal the sum of the Cost Price and Profit.
Cost Price + Gain = Selling Price
If we have an article’s cost price and a loss on its sale, then the Selling Price = Cost Price – Loss.
Making a Profit Percentage Calculation
The formula makes calculating the profit % simple.
Profit percentage = (Profit/C.P x 100) %
The data provided may also be used to calculate the selling price and cost price.
Selling Price = (100 + Profit Percentage) / 100 CP is the formula.
Cost Price = (100 + gain percent)/(100 + gain percent) Expense Price
Question: A shopkeeper buys a big number of watches for Rs. 20 apiece. He charges Rs. 45 for each watch he sells. Make a profit and a profit % calculation.
Sol: Selling price of the watch = Rs. 45
Cost price of the watch = Rs. 20
Now, Profit = Selling Price – Cost Price
Profit gained from the watch = 45 – 20 = Rs. 25
Using the formula for profit percentage,
Profit % = (Profit / C.P.) × 100
The Percentage of Profit for the Shopkeeper will be= (25 / 20) × 100 = 1.25 × 100 = 125%.
Calculating the Percentage of Loss
The following formula may be used to determine Loss Percentage:
Percentage loss = (percentage loss/CP 100)
You may also determine the article’s selling price and cost price using the information provided.
(100 – loss percent) /100 CP = Selling Price
SP = 100 /(100 – loss percent) Cost Price
Question: A man lowers the price of a home from Rs. 15,00,000 to Rs. 12,00,000. Calculate the reduction in percentage.
Sol: Original price = Rs 15,00,000
Change in price = Rs 12,00,000
The Price Decreased by = 15,00,000 – 12,00,000 = Rs. 3,00,000
The percentage which decreased = (3,00,000)/(15,00,000) × 100 = 20%.
Value Added Tax (VAT) Calculation (VAT)
The amount of VAT that must be paid to the government = (Output VAT- Input VAT)
