RS Aggarwal Solutions Class 8 Chapter-10 Profit and Loss (Ex 10D) Exercise 10.4 - Free PDF
FAQs on RS Aggarwal Solutions Class 8 Chapter-10 Profit and Loss (Ex 10D) Exercise 10.4
1. Which are the important topics covered in class8 chapter 10 - Profit and Loss?
Important Topics covered in Chapter 10- Profit and Loss are :
Cost Price, Selling Price and Marked Price
Profit and Loss
Profit Percentage and Loss Percentage
Discount and Discount Percentage
Sales Tax, Value Added Tax, and Goods and Service Tax
These are the topics that are discussed in detail in chapter 10 and in order to get a conceptual understanding of this chapter you can study with RS Aggarwal solutions Class 8 prepared by experts of Vedantu, which is the best online learning portal.
2. Explain Cost Price, Selling Price, and Marked Price described in chapter 10?
Cost price - The real price at which a product is manufactured or purchased is known as cost price. The cost price includes taxes, labor charges, and transportation charges.
Selling price: The cost at which a product is sold is called the selling price. The selling price determines the profit or loss of the shopkeeper selling the product.
Market price: The cost which is printed on the product is called market price. The Selling price might be different from the marked price as the shopkeeper might sell the product at a discount so in this situation the selling price and the market price will be different.
3. What is Profit and Loss?
Profit and loss are very important concepts which students should understand thoroughly as they are also very useful in our daily life. Let us understand profit and loss with an example: If a shopkeeper sells bags and one bag costs him Rs. 100, and he sells that bag for Rs.150. So in this case the shopkeeper has gained Rs. 50 on that bag. This is known as profit or gain. So, profit or gain = SP-CP (selling price- cost price).
4. What type of questions are asked in RS Aggarwal Solutions Class 8 Chapter-10 Profit and Loss (Ex 10D) Exercise 10?
Exercise 10D of chapter10 Profit and loss is one of the main exercises as it includes a miscellaneous question that covers all the topics of this chapter. It has tricky questions that need a lot of practice and students should solve them with proper understanding so that will make it easier for them to solve similar questions in exams. The exercise covers topics like gain percentage and loss percentage, finding a discount or discount percentage, VAT and sales tax, etc.
5. What are the Benefits of solving RS Aggarwal Class 8 Maths Solutions Chapter 10: Profit and Loss by Vedantu?
RS Aggarwal is the most recommended book for class 8 students. You can practice this book and you will surely score good marks. Here are some benefits that you get from RS Aggarwal solutions by Vedantu:
It is based on the latest CBSE syllabus and guidelines.
It is prepared by the most experienced subject matter experts.
It provides step-to-step answers along with clear formulas to give a better understanding to students.
You can score good marks by practicing these exercises given in RS Aggarwal.