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CBSE CLASS 8 MATHS COMPARING QUANTITIES EXERCISE 8.2 - Solution for Class 8th mathematics, NCERT solutions for Class 8th Maths. Get Textbook solutions for maths from A2R Education.

Please read and know the definitions and terms and watch the video.
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• S.P. is selling price
• C.P. is cost price
• The overhead expenses are a part of CP.
• Profit or loss is always calculated on CP
• For profit, SP greater than CP and for loss CP greater than SP
• Discount is always calculated on the marked price.
• VAT is not a part of selling price. Although it is calculated on the SP but it is excluded from the SP while calculating profit or loss.
• If the interest is compounded half yearly the time period becomes twice as much as the numbers of years. The rate of interest is reduced to half.
• We compare two quantites by division.It is called ratio. Quantities written in same unit. Ratio has no unit
• Another way to compare quantity is to express in percentages.
• Profit= Profit/CPX100, Loss= Loss/CpX100

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