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# RD Sharma solutions for Class 8 Mathematics chapter 13 - Proft, Loss, Discount and Value Added Tax (VAT)

## Chapter 13: Proft, Loss, Discount and Value Added Tax (VAT)

Ex. 13.10Ex. 13.20Ex. 13.30

#### Chapter 13: Proft, Loss, Discount and Value Added Tax (VAT) Exercise 13.10 solutions [Pages 11 - 12]

Ex. 13.10 | Q 1 | Page 11

A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain and gain percent.

Ex. 13.10 | Q 2 | Page 11

Rekha bought a saree for Rs 1240 and sold it for Rs 1147. Find her loss and loss percent.

Ex. 13.10 | Q 3 | Page 11

A boy buys 9 apples for Rs 9.60 and sells them at 11 for Rs 12. Find his gain or loss percent.

Ex. 13.10 | Q 4 | Page 11

The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.

Ex. 13.10 | Q 5 | Page 11

A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. If he sells the radio for Rs 300, determine his profit percent.

Ex. 13.10 | Q 6 | Page 11

A retailer buys a cooler for Rs 1200 and overhead expenses on it are Rs 40. If he sells the cooler for Rs 1550, determine his profit percent.

Ex. 13.10 | Q 7 | Page 11

A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its repairs. If he sells the same for Rs 300, find his profit percent.

Ex. 13.10 | Q 8 | Page 11

Ramesh bought two boxes for Rs 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.

Ex. 13.10 | Q 9 | Page 11

If the selling price of 10 pens is equal to cost price of 14 pens, find the gain percent.

Ex. 13.10 | Q 10 | Page 11

If the cost price of 18 chairs be equal to selling price of 16 chairs, find the gain or loss percent.

Ex. 13.10 | Q 11 | Page 11

If the selling price of 18 oranges is equal to the cost price of 16 oranges, find the loss percent.

Ex. 13.10 | Q 12 | Page 11

Ravish sold his motorcycle to Vineet at a loss of 28%. Vineet spent Rs 1680 on its repairs and sold the motor cycle to Rahul for Rs 35910, thereby making a profit of 12.5%, find the cost price of the motor cycle for Ravish.

Ex. 13.10 | Q 13 | Page 12

By selling a book for Rs 258, a bookseller gains 20%. For how much should he sell it to gain 30%?

Ex. 13.10 | Q 14 | Page 12

A defective briefcase costing Rs 800 is being sold at a loss of 8%. If the price is further reduced by 5%, find its selling price.

Ex. 13.10 | Q 15 | Page 12

By selling 90 ball pens for Rs 160 a person loses 20%. How many ball pens should be sold for Rs 96 so as to have a profit of 20%?

Ex. 13.10 | Q 16 | Page 12

A man sells an article at a profit of 25%. If he had bought it at 20% less and sold it for Rs 36.75 less, he would have gained 30%. Find the cost price of the article.

Ex. 13.10 | Q 17 | Page 12

A dishonest shopkeeper professes to sell pulses at his cost price but uses a false weight of 950 gm for each kilogram. Find his gain percent.

Ex. 13.10 | Q 18 | Page 12

A dealer bought two tables for Rs 3120. He sold one of them at a loss of 15% and other at a gain of 36%. Then, he found that each table was sold for the same price. Find the cost price of each table.

Ex. 13.10 | Q 19 | Page 12

Mariam bought two fans for Rs 3605. She sold one at a profit of 15% and the other at a loss of 9%. If Mariam obtained the same amount for each fan, find the cost price of each fan.

Ex. 13.10 | Q 20 | Page 12

Some toffees are bought at the rate of 11 for Rs 10 and the same number at the rate of 9 for Rs 10. If the whole lot is sold at one rupee per toffee, find the gain or loss percent on the whole transaction.

Ex. 13.10 | Q 21 | Page 12

A tricycle is sold at a gain of 16%. Had it been sold for Rs 100 more, the gain would have been 20%. Find the C.P. of the tricycle.

Ex. 13.10 | Q 22.1 | Page 12

Shabana bought 16 dozen ball bens and sold them at a loss equal to S.P. of 8 ball pens. Find her loss percent.

Ex. 13.10 | Q 22.2 | Page 12

Shabana bought 16 dozen ball bens and sold them at a loss equal to S.P. of 8 ball pens. Find S.P. of 1 dozen ball pens, if she purchased these 16 dozen ball pens for Rs 576.

Ex. 13.10 | Q 23 | Page 12

The difference between two selling prices of a shirt at profits of 4% and 5% is Rs 6. Find
(i) C.P. of the shirt
(ii) the two selling prices of the shirt

Ex. 13.10 | Q 24 | Page 12

Toshiba bought 100 hens for Rs 8000 and sold 20 of these at a gain of 5%. At what gain percent she must sell the remaining hens so as to gain 20% on the whole?

#### Chapter 13: Proft, Loss, Discount and Value Added Tax (VAT) Exercise 13.20 solutions [Pages 26 - 27]

Ex. 13.20 | Q 1.1 | Page 26

Find the S.P. if M.P. = Rs 1300 and Discount = 10%.

Ex. 13.20 | Q 1.2 | Page 26

Find the S.P. if  M.P. = Rs 500 and Discount = 15%.

Ex. 13.20 | Q 2.1 | Page 26

Find the M.P. if S.P. = Rs 1222 and Discount = 6%.

Ex. 13.20 | Q 2.2 | Page 26

Find the M.P. if  S.P. = Rs 495 and Discount = 1% .

Ex. 13.20 | Q 3.1 | Page 26

Find discount in percent when M.P. = Rs 900 and S.P. = Rs 873.

Ex. 13.20 | Q 3.2 | Page 26

Find discount in percent when M.P. = Rs 500 and S.P. = Rs 425.

Ex. 13.20 | Q 4 | Page 26

A shop selling sewing machines offers 3% discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs 650.

Ex. 13.20 | Q 5 | Page 26

The marked price of a ceiling fan is Rs 720. During off season, it is sold for Rs 684. Determine the discount percent.

Ex. 13.20 | Q 6 | Page 26

On the eve of Gandhi Jayanti a saree is sold for Rs 720 after allowing 20% discount. What is its marked price?

Ex. 13.20 | Q 7 | Page 26

After allowing a discount of $7\frac{1}{2}$% on the marked price, an article is sold for Rs 555. Find its markd price.

Ex. 13.20 | Q 8 | Page 26

A shopkeeper allows his customers 10% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs 250?

Ex. 13.20 | Q 9 | Page 26

A shopkeeper allows 20% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs 500?

Ex. 13.20 | Q 10 | Page 26

A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the marked price of an article whose cost price is Rs 170?

Ex. 13.20 | Q 11 | Page 26

A shopkeeper marks his goods in such a way that after allowing a discount of 25% on the marked price, he still makes a profit of 50%. Find the ratio of the C.P. to the M.P.

Ex. 13.20 | Q 12 | Page 26

A cycle dealer offers a discount of 10% and still makes a profit of 26%. What is the actual cost to him of a cycle whose marked price is Rs 840?

Ex. 13.20 | Q 13 | Page 26

A shopkeeper allows 23% commision on his advertised price and still makes a profit of 10%. If he gains Rs 56 on one item, find his advertised price.

Ex. 13.20 | Q 14 | Page 26

A shopkeeper marks his goods at 40% above the cost price but allows a discount of 5% for cash payment to his customers. What actual profit does he make, if he receives Rs 1064 after paying the discount?

Ex. 13.20 | Q 15 | Page 26

By selling a pair of earings at a discount of 25% on the marked price, a jeweller makes a profit of 16%. If the profit is Rs 48, what is the cost price? What is the marked price and the price at which the pair was eventually bought?

Ex. 13.20 | Q 16 | Page 26

A publisher gives 32% discount on the printed price of a book to booksellers. What does a bookseller pay for a book whose printed price is Rs 275?

Ex. 13.20 | Q 17 | Page 26

After allowing a discount of 20% on the marked price of a lamp, a trader loses 10%. By what percentage is the marked price above the cost price?

Ex. 13.20 | Q 18 | Page 26

The list price of a table fan is Rs 480 and it is available to a retailer at 25% discount. For how much should a retailer sell it to gain 15%?

Ex. 13.20 | Q 19 | Page 27

Rohit buys an item at 25% discount on the marked price. He sells it for Rs 660, making a profit of 10%. What is the marked price of the item?

Ex. 13.20 | Q 20 | Page 27

A cycle merchant allows 20% discount on the marked price of the cycles and still makes a profit of 20%. If he gains Rs 360 over the sale of one cycle, find the marked price of the cycle.

Ex. 13.20 | Q 21 | Page 27

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.

Ex. 13.20 | Q 22 | Page 27

What price should Aslam mark on a pair of shoes which costs him Rs 1200 so as to gain 12% after allowing a discount of 16%?

Ex. 13.20 | Q 23 | Page 27

Jasmine allows 4% discount on the marked price of her goods and still earns a profit of 20%. What is the cost price of a shirt for her marked at Rs 850?

Ex. 13.20 | Q 24 | Page 27

A shopkeeper offers 10% off-season discount to the customers and still makes a profit of 26%. What is the cost price for the shopkeeper on a pair of shoes marked at Rs 1120?

Ex. 13.20 | Q 25 | Page 27

A lady shopkeeper allows her customers 10% discount on the marked price of the goods and still gets a profit of 25%. What is the cost price of a fan for her marked at Rs 1250?

#### Chapter 13: Proft, Loss, Discount and Value Added Tax (VAT) Exercise 13.30 solutions [Pages 32 - 33]

Ex. 13.30 | Q 1 | Page 32

The list price of a refrigerator is Rs 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?

Ex. 13.30 | Q 2 | Page 32

Vikram bought a watch for Rs 825. If this amount includes 10% VAT on the list price, what was the list price of the watch?

Ex. 13.30 | Q 3 | Page 32

Aman bought a shirt for Rs 374.50 which includes 7% VAT. Find the list price of the shirt.

Ex. 13.30 | Q 4 | Page 32

Rani purchases a pair of shoes whose sale price is Rs 175. If she pays VAT at the rate of 7%, how much amount does she poy as VAT? Also, find the net value of the pair of shoes.

Ex. 13.30 | Q 5 | Page 32

Swarna paid Rs 20 as VAT on a pair of shoes worth Rs 250. Find the rate of VAT.

Ex. 13.30 | Q 6 | Page 32

Sarita buys goods worth Rs 5500. She gets a rebate of 5% on it. After getting the rebate if VAT at the rate of 5% is charged, find the amount she will have to pay for the goods.

Ex. 13.30 | Q 7 | Page 32

The cost of furniture inclusive of VAT is Rs 7150. If the rate of VAT is 10%, find the original cost of the furniture.

Ex. 13.30 | Q 8 | Page 32

A refrigerator is available for Rs 13750 including VAT. If the rate of VAT is 10%, find the original cost of the furniture.

Ex. 13.30 | Q 9 | Page 32

A colour TV is available for Rs 13440 inclusive of VAT. If the original cost of TV is Rs 12000, find the rate of VAT.

Ex. 13.30 | Q 10 | Page 32

Reena goes to a shop to buy a radio, costing Rs 2568. The rate of VAT is 7%. She tells the shopkeeper to reduce the price of the radio such that she has to pay Rs 2568, inclusive of VAT. Find the reduction needed in the price of radio.

Ex. 13.30 | Q 11 | Page 32

Rajat goes to a departmental store and buys the following articles:

 Item Price per item Rate of VAT 2 Pairs of shoes    1Sewing machine    2 Tea-sets Rs 800         Rs 1500         Rs 650 5%6%4%

Calculate the total amount he has to pay to the store.

Ex. 13.30 | Q 12 | Page 33

Ajit buys a motorcycle for Rs 17600 including value added tax. If the rate of VAT is 10%, what is the sale price of the motorcycle?

Ex. 13.30 | Q 13 | Page 33

Manoj buys a lather coat costing Rs 900 at Rs 990 after paying the VAT. Calculate the rate of VAT charge on the coat.

Ex. 13.30 | Q 14 | Page 33

Rakesh goes to a departmental store and purchases the following articles:
(i) biscuits and bakery products costing Rs 50, VAT @ 5%,
(ii) medicines costing Rs 90, VAT @ 10%,
(iii) clothes costing Rs 400, VAT @ 1%, and
(iv) cosmetics costing Rs 150, VAT @ 10%.
Calculate the total amount to be paid by Rakesh to the store.

Ex. 13.30 | Q 15 | Page 33

Rajeeta purchased a set of cosmetics. She paid Rs 165 for it including VAT. If the rate of VAT is 10%, find the sale price of the set.

Ex. 13.30 | Q 16 | Page 33

Sunita purchases a bicycle for Rs 660. She has paid a VAT of 10%. Find the list price of the bicycle?

Ex. 13.30 | Q 17 | Page 33

The sales price of a television, inclusive of VAT, is Rs 13,500. If VAT charged at the rate of 8% of the list price, find the list price of the television.

Ex. 13.30 | Q 18 | Page 33

Shikha purchased a car with a marked price of RS 210000 at a discount of 5%. If VAT is charged at the rate of 10%, find the amount Shikha had paid for purchasing the car.

Ex. 13.30 | Q 19 | Page 33

Shruti bought a set of cosmetic items for Rs 345 including 15% value added tax and a purse for Rs 110 including 10% VAT. What percent is the VAT charged on the whole transaction?

Ex. 13.30 | Q 20 | Page 33

List price of a cooler is Rs 2563. The rate of VAT is 10%. The customer requests the shopkeeper to allow a discount in the price of the cooler to such an extent that the price remains Rs 2563 inclusive of VAT. Find the descount in the price of the cooler.

Ex. 13.30 | Q 21 | Page 33

List price of a washing machine is Rs 9000. If the dealer allows a discount of 5% on the cash payment, how much money will a customer pay to the dealer in cash, if the rate of VAT is 10%?

## Chapter 13: Proft, Loss, Discount and Value Added Tax (VAT)

Ex. 13.10Ex. 13.20Ex. 13.30

## RD Sharma solutions for Class 8 Mathematics chapter 13 - Proft, Loss, Discount and Value Added Tax (VAT)

RD Sharma solutions for Class 8 Maths chapter 13 (Proft, Loss, Discount and Value Added Tax (VAT)) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CBSE Mathematics for Class 8 by R D Sharma (2019-2020 Session) solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. RD Sharma textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Class 8 Mathematics chapter 13 Proft, Loss, Discount and Value Added Tax (VAT) are Recalling Ratios and Percentages, Finding the Increase Or Decrease per Cent, Concept of Finding Discounts, Finding Discounts - Estimation in Percentages, Prices Related to Buying and Selling (Profit and Loss), Finding Cost Price/Selling Price, Profit %/Loss%, Sales Tax/Value Added Tax, Conept of Compound Interest, Deducing a Formula for Compound Interest, Rate Compounded Annually Or Half Yearly (Semi Annually), Applications of Compound Interest Formula, Calculation of Percentage, Decimal Fraction, Concept of Percentage.

Using RD Sharma Class 8 solutions Proft, Loss, Discount and Value Added Tax (VAT) exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in RD Sharma Solutions are important questions that can be asked in the final exam. Maximum students of CBSE Class 8 prefer RD Sharma Textbook Solutions to score more in exam.

Get the free view of chapter 13 Proft, Loss, Discount and Value Added Tax (VAT) Class 8 extra questions for Maths and can use Shaalaa.com to keep it handy for your exam preparation

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