Monicaa Abhijit Solutions for Chapter: Profit, Loss, Discount, Tax, Exercise 6: VALUE AND LIFE SKILLS

Ramesh purchased a second-hand car for $₹95,650$. He spent $₹12,000$ on its minor repairs and accessories. He also paid an insurance of $₹2,350$. He then sold it to his friend for $₹1,21,000$. Find his profit or loss percent. While buying second-hand vehicles, what are the things we should always check.

Poonam purchased some cosmetics and sold them to Pallavi at $15\%$ profit. Pallavi sold them to Pinky at $10\%$ profit. If Pinky paid $₹632.50$for them, what was the cost price of the cosmetics? Why should we not buy cheap cosmetics?

The prices of various commodities in a grocer’s shop are given as follows:

Answer the following questions:

How much docs the customer pay for $5 \mathrm{kg}$ rice?

Name any two items of daily use and importance which should be highly discounted?

 The prices of various commodities in a grocer’s shop are given as follows:

Answer the following questions:

If the shopkeeper earns a profit of $10\%$ on the cooking oil, what is its cost price?

Name any two items of daily use and importance which should be highly discounted?

The prices of various commodities in a grocer’s shop are given as follows:

Answer the following questions:

How much is the discount on arhar dal?

Name any two items of daily use and importance which should be highly discounted?

The prices of various commodities in a grocer’s shop are given as follows:

Answer the following questions:

If Honey buys $3 \mathrm{kg}$ sugar, $2 \mathrm{kg}$ rajma and $6$ tetra pack ofjuices, how much does she have to pay in all?

The Khadi Gram Udyog announces $40\%$ clearance sale. Find the cost price and the selling price of an article marked at $₹900$, if the Udyog suffers a loss of $10\%$. Do you think the discount sales are always genuine?

Chinky buys a purse for $₹725$ including $\mathrm{VAT} @ 4\%$. What is the actual price of the purse (without the $\mathrm{VAT}$)? How is paying $\mathrm{VAT}$ useful for a country?