opto took ‘mail: chamarthi.r@gmail.com Comparing Quantities LET'S REVISE Discount is a reduetion given on marked price. Discount = Marked Price ~ Sale Pri. Discount can be ealeulated when discount percentage is given, Discount = Discount% of Marked Price, Additional expenses made after buying an article are included in the Cost Price and are known as overhead expenses. CP. = Buying Price + Overhead expenses Sales Tax is charged on the sale of an item by the government and is added to the Bill Amount. Sales tax = Tax% of Bill Amount VAT (Valu added tax) is charged on the selling price of an article. Percent : The word percent is an abbreviation of the Latin phrase per centum’ which means per hundred or hundredths, P.xRateofS.1. Sales Tax = ©-P-*RateofS.7. 100 MP. = Marked Price, SP. = Selling Price MP. =S.P.+ Discount, Discount = MP. - SP. Discount» 100 MP. then SP. > C.P. and 100+ Profit. Discount% = When profit % is giver @ SP. Too xe. SP.x100 ty CP. = To0+ Profits ; Profit = ProfitiexcP i roti on w Profit gain) = SP. - CP. ©) Profit % = P8100 cP. Powered by: Ropnitatsusan opyrtab toe Email: chamarthi.r@gmail.com COMPARING QUANTITIES [87 ‘© When loss ‘% is given, then S.P. < CP. and @ SP. = cp. SP.x100 a CP. = F900 Loss Long = Loss XCP. i) Loss = “Ose ow Loss = C.P. ~ SP. © Loss % = L810 P, ‘* Compound Interest is the interest calculated on the previous year’s Amount (A. and 1 2 PxRAT s 100 + (@) When interest is compounded annually, then. ioo) * (Gi) when interest is compounded half yearly, then R (Ry © is half yearly rate and mount A= P(1+ where }2 Amount = P(1+396] he (eee seo ‘+ When &,, £, and R, are different rates for first, sceond and third year Amount A = P(1+25)(1+25)(1+ 2) then, SUMMATIVE ASSESSMENT [A] Objective Type Questions [mark each] (Multiple Choice Questions 1. Which of the following represents 3:4? arse (B)40% (©)50% Dy 75% 2. If 60% of x is 1200, then the value of ‘yi (1000 (B)2000 «3000 «D)4000 8. The cost price of an article is & 220. It it is sold at a discount of 20% what is its selling, price: (ay100 Bas 176 «D)200 4, A table marked at ® 15,000 is available for 14400, Find the discount percent ? (a 2% (Bae 5% D7% 5. The cost price of an article is € 500. It it is sold at a profit of 20%, what is its selling price + (a) 600 (Bz 700 «400 (D520 6 Aman got 10° increase in his salary. If his new salary is 154000, find his original salary ? (a) 160000 (B)z 150000 (©) 140000 () 130000 7. Find the compound interest on % 12600 for 2 years at 10% per annum compounded annually ? (ae 2846 (Be 2700, e320 (my .4526 Powered by Ropnitat