Discount and commission

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 doyou observe? 2. From which shop will you buy the book and why? 3. What is the difference 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: “ Thedifference between the marked price and the lowered selling price is called Discount.” Discount = Marked price - Selling Price DISCOUNT AND COMMISSION
• 5.
  EXAMPLE: Rs. 126Rs. 110
• 6.
  1. What isthe 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 difference in both these QUESTIONS: prices? 5. How do you calculate the difference?
• 7.
  The rate ofdiscount 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 markedprice 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: