Up to Class 7, we have learnt about the computation of profit and loss incurred in buying and selling the goods and calculating their percentage. Now in Chapter 13 of Class 8, we shall discuss more problems based on profit and loss. At the end of the chapter, we shall also introduce the concept of discount in buying and selling the goods along with Value Added Tax (VAT). For students who consider Maths to be a difficult subject, analyzing the right method to solve the problem is the best method to secure high marks. The Solutions of RD Sharma Class 8 are formulated by our expert tutors at Infinity Learn in a step by step format to help students understand the concepts and solve problems.
Chapter 13- Profit, Loss, Discount and Value Added Tax (VAT) contains three exercises and the RD Sharma Solutions present on this page provide solutions to the questions present in each exercise. Now, let us have a look at the concepts discussed in this chapter.
- Review of concepts – Cost price, Selling Price, Profit, Loss.
- Problems based on Discount.
- Problems based on Value Added Tax (VAT).
