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Question
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
\[\text { Given, } \]
\[\text { CP of the suit = Rs }. 1470\]
\[\text { Gain = 10 % } \]
\[\text { So, SP = Rs } . \left( \frac{100 + \text { Gain }}{100} \times CP \right)\]
\[ = Rs . \left( \frac{100 + 10}{100} \times 1470 \right)\]
\[ = Rs . 1617\]
\[\text { Now }, \]
\[\text { SP = Rs } . 1617\]
\[\text { Discount = 12 . 5 % } \]
\[\text { So, MP = Rs } . \left( \frac{100 \times SP}{100 - \text { Discount % }} \right)\]
\[ = Rs . \left( \frac{100 \times 1617}{100 - 12 . 5} \right) = Rs . 1848\]
\[\text { Therefore, the marked price of the suit is Rs } . 1848 .\]
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A store is having a 25% discount sale. Sheela has a Rs 50 gift voucher and wants to use it to buy a board game marked for Rs 320. She is not sure how to calculate the concession she will get. The sales clerk has suggested two ways to calculate the amount payable.
- Method 1: Subtract Rs 50 from the price and take 25% off the resulting price.
- Method 2: Take 25% off the original price and then subtract Rs 50.
- Do you think both the methods will give the same result? If not, predict which method will be beneficial for her.
- For each method, calculate the amount Sheela would have to pay. Show your work.
- Which method do you think stores actually use? Why?
A store is having a 25% discount sale. Sheela has a Rs 50 gift voucher and wants to use it to buy a board game marked for Rs 320. She is not sure how to calculate the concession she will get. The sales clerk has suggested two ways to calculate the amount payable.
- Method 1: Subtract Rs 50 from the price and take 25% off the resulting price.
- Method 2: Take 25% off the original price and then subtract Rs 50.
For each method, calculate the amount Sheela would have to pay. Show your work.
Nasim bought a pen for ₹ 60 and sold it for ₹54. His ______ % is ______.
Harish bought a gas-chullah for ₹ 900 and later sold it to Archana at a profit of 5 per cent. Archana used it for a period of two years and later sold it to Babita at a loss of 20 per cent. For how much did Babita get it?
Match the entries in Column I with the appropriate entries in Column II:
| Column I | Column II |
| (i) 3:5 | (A) ₹ 54 |
| (ii) 2.5 | (B) ₹ 47 |
| (iii) 100% | (C) ₹ 53 |
| (iv) `2/3` | (D) ₹ 160 |
| (v) `6 1/4%` | (E) 60% |
| (vi) 12.5% | (F) 25% |
| (vii) SP when CP = ₹ 50 and loss = 6 % | (G) `1/16` |
| (viii) SP when CP = ₹ 50 and profit = ₹ 4 | (H) 250% |
| (ix) Profit% when CP = ₹ 40 and SP = ₹ 50 | (I) ₹ 159 |
| (x) Profit% when CP = ₹ 50 and SP = ₹ 60 | (J) `66 2/3%` |
| (xi) Interest when principal = ₹ 800, Rate of interest = 10% per annum nd period = 2 years |
(K) 20% |
| (xii) Amount when principal = ₹ 150, Rate of interest = 6% per annum and period = 1 year |
(L) 0.125 |
| (M) 3:2 | |
| (N) ₹ 164 | |
| (O) 3:3 |
Under GST ‘value addition’ refers to ______.
