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Discount and Commission

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Discount and Commission

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 Discount and commission


1. DISCOUNT AND COMMISSION Std: VIII
2. Modern BOOK DEPOT Cost: Rs. 600 New BOOK DEPOT Cost: Rs. 400
3. 1. What do you observe? 2. From which shop will you buy the book and why? 3. What is the di erence in the amount? 4. Why do you think he is selling the
same book in a lesser amount? 5. What is the other word for lesser price? TEACHER ASKS FOLLOWING QUESTIONS:
4. Discount: “ The di erence between the marked price and the lowered selling price is called Discount.” Discount = Marked price - Selling Price DISCOUNT AND
COMMISSION
5. EXAMPLE: Rs. 126 Rs. 110
6. 1. What is the actual price marked on it? 2. What is this price called as? 3. What is the selling price of it? 4. How much is the di erence in both these
QUESTIONS: prices? 5. How do you calculate the di erence?
7. The rate of discount given is called discount percent. Discount = Marked Price x Discount Percent DISCOUNT PERCENT
8. Problem #1 A bicycle cost Rs. 2500. If the shopkeeper gives a 5% discount, how much is the discount? For how much can the customer buy the bicycle?
9. Given:- Marked price= Rs. 2500 Discount Percent =5% To find:- Selling Price=? Discount=? Solution:- Discount =Marked Price x Discount% Discount= 2500 x 5
100 Therefore, Discount = Rs. 125 Discount = M.P. – S.P. S.P = M.P. – Discount S.P. = 2500 – 125 S.P. = 2375 Therefore, Selling Price = Rs. 2375
10. The marked price of a watch is Rs. 650. If the shopkeeper gives a discount of 8%, what is its selling price? Problem #2
11. Given:- Marked Price=Rs. 650 Discount % = 8% To Find:- Discount=? Selling Price=? Solution:- Discount = Marked Price x Discount% Discount = 650 x 8 100
Discount = 5 2 Therefore, Discount = Rs. 5 2 Discount = M.P. – S. P. S.P. = M.P. – Discount S.P. = 650 – 52 S.P. = 598 Therefore, Selling Price = Rs. 598
12. 1. Define Discount. 2. What is the formula of discount? 3. What is the formula of discount if discount percent is given? EVALUATIVE QUESTIONS:

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