RS Aggarwal Solutions Class 8 Chapter-10 Profit and Loss (Ex 10C) Exercise 10.3 - Free PDF
FAQs on RS Aggarwal Solutions Class 8 Chapter-10 Profit and Loss (Ex 10C) Exercise 10.3
1. What are the main exercises covered in Chapter 10 of Class 8 - Profit and Loss?
The following are some of the important topics discussed in Chapter 10: Profit and Loss:
The terms like "cost price," "selling price," and "marked price" are discussed in detail with formulas and examples.
Profit and Loss Statements
Percentage of Profit and Percentage of Loss
Discount Percentage and Discount
Sales tax, VAT, and GST are all examples of taxes that apply to goods and services.
These are the themes that are explored in detail in Chapter 10, and you can study using RS Aggarwal solutions class8 produced by professionals of Vedantu, which is the greatest online learning resource, to get a comprehensive knowledge of this chapter.
2. Can you explain what the terms Cost Price, Selling Price, and Marked Price mean in Chapter 10?
Cost price refers to the actual price at which a thing is created or purchased. Taxes, labor costs, and transportation costs are all included in the cost price.
Selling price: The selling price is the price at which a product is sold. The profit or loss of the shopkeeper selling the product is determined by the selling price.
The cost that is printed on the product is referred to as the market price. The selling price and the market price may differ because the shopkeeper may sell the product at a discount; hence, the selling price and the market price may differ.
3. What is the difference between profit and loss?
Profit and loss are critical concepts that students should fully grasp because they are also very beneficial in our daily lives. We use the following example to explain profit and loss: If a shopkeeper sells bags and one bag costs him Rs100 and he sells it for Rs150, he has made a profit of Rs100. As a result, the merchant has made a profit of Rs. 50 on the bag. Profit or gain is the term for this. As a result, profit or gain = SP-CP (selling price- cost price).
Now, if the merchant sold the identical bag for Rs.80, he would have made an Rs.20 loss on it. As a result, Loss = CP- SP ( cost price - selling price).
4. What are the types of questions in RS Aggarwal Solutions Class 8 Chapter-10 Profit and Loss (Ex 10C) Exercise 10.3?
Chapter 10 Exercise 10C One of the key tasks is profit and loss, which includes a miscellaneous question that covers all of the concepts in this chapter. It contains difficult questions that require a lot of practice, and students should solve them with the correct knowledge so that they can tackle similar issues in exams more easily. Topics covered in the Thai exercise include gain and loss percentages, finding a discount or discount %, VAT and sales tax, and so on.
5. What are the advantages of using Vedantu's RS Aggarwal Class 8 Maths Solutions Chapter 10: Profit and Loss?
For candidates in class 8, RS Aggarwal's book is the most recommended. You can use this book to study and will almost certainly get good grades. Here are some of the advantages of Vedantu's RS Aggarwal solutions:
It is based on the most recent CBSE norms and syllabus.
It is written by the most knowledgeable professionals in the field.
It gives pupils step-by-step answers as well as precise formulas to help them grasp.
You can get good grades if you practice the activities in RS Aggarwal.