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All questions of Comparing Quantities for Class 8 Exam

A businessman marks his good at 40% above the cost price and allows a discount of 25%. What is his gain percent?
  • a)
    5%
  • b)
    10%
  • c)
    15%
  • d)
    20%
Correct answer is option 'A'. Can you explain this answer?

Ananya Das answered
Let the cost price be Rs. 100
Marked price = Rs. 140
Discount = 25% of 140 = 
Selling price = 140 – 35 = 105
Gain Percent = 105 – 100 = 5%

If 8% VAT is included in the prices, then what is the original price of a bucket bought for Rs.180?
  • a)
    Rs. 165.60
  • b)
    Rs. 162.66
  • c)
    Rs. 163.66
  • d)
    Rs. 164.66
Correct answer is option 'A'. Can you explain this answer?

Shubham Sharma answered
The bucket bought for Rs 180:
Calculate the VAT amount: Rs 180 x 8% = Rs 14.40.
Subtract the VAT amount from the total price: Rs 180 - Rs 14.40 = Rs 165.60.
The original price of the bucket is Rs 165.60.

What is a single discount equivalent to two successive discounts of 20% and 10%?
  • a)
    28%
  • b)
    38%
  • c)
    22%
  • d)
    32%
Correct answer is option 'A'. Can you explain this answer?

Nitish Kumar answered
Let be assumed the m.p( marked price) of an object is
100Rs.
As per the question , After applying two successive discounts i.e.,
20% of 100= 100 - 20 = 80 Rs.
then 10% of 80 = 80 - 8 = 72 Rs.
Here, Total discount = 100 - 72
= 28 Rs
Now the discount% = 28/100 × 100
= 28% ___
___

A shopkeeper increases the price of an item by 10% and then allows a discount of 15%. How much has the customer to pay if the item was initially prieod at Rs. 1200 ?
  • a)
    Rs. 1120
  • b)
    Rs. 1140
  • c)
    Rs. 1122
  • d)
    Rs. 1124
Correct answer is option 'C'. Can you explain this answer?

Athul Singh answered
Price = Rs. 1200
Increased Price = 1200 + 10% of 1200
                          = 1200 + 120 = 1320
Discount
 
The net payable amount = 1320 – 198
                                        = Rs.1122

The value of a machine at the rate of 20% per annum. It was purchased 2 years ago if its present value is Rs. 4000, for how much was it purchased?
  • a)
    Rs. 62500
  • b)
    Rs. 62800
  • c)
    Rs. 65200
  • d)
    . 56500
Correct answer is option 'A'. Can you explain this answer?

Rahul Rane answered
Let value of a machine 2 years ago, = P


Present value of machine = Rs.40000


Time, n = 2 years


Rate of depreciates, R = 20% per annum


Now,


Amount (A) = P (1 + R/100)^n [Where, A = Amount with compound interest


P = Present value


R = Annual interest rate


n = Time in years]


∴ Value = P (1 - R/100)n [∵ Rate decreases]


⇒ 40000 = P (1 - 20/100)2


⇒ 40000 = P (1 - 1/5)2


⇒ 40000 = P (4/5)2


⇒ 40000 = P � 16/25


⇒ P = 40000 x  25/16


⇒ P = 2500 x 25


⇒ P = 62500


∴ Value of a machine 2 years ago is Rs.62500.

If the S.P. of 10 articles is equal to the C.P. of 11 articles. What is the gain percent?f
  • a)
    5%
  • b)
    10%
  • c)
    15%
  • d)
    20%
Correct answer is option 'B'. Can you explain this answer?

SP of 10 articles = CP of 11 articles

let CP of 1 article be Rs. 1

CP of 10 articles = Rs. 10
SP of 10 articles = CP of 11 articles = Rs. 11

SP is greater than CP
Profit = SP - CP = 11-10 = Rs. 1

Profit % = Profit/CP � 100
= 1/10�100 = 10%

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