Discount and GST - Grade 8

What is the price mentioned on a product called?

• Marked price

• Sale price

• Discount price

• Listed price

How is a discount calculated?

• By subtracting the sale price from the marked price

• By adding the sale price to the marked price

• By multiplying the sale price with the marked price

• By dividing the sale price by the marked price

Why do sellers offer discounts?

• To attract customers

• To increase the marked price

• To reduce the sale price

• To dispose of old stock

How is a discount usually mentioned?

• As a percentage of the sale price

• As a percentage of the marked price

• As a fixed amount

• As a fraction

How can the discount be calculated using the unitary method?

• By multiplying the marked price with the discount percentage

• By dividing the marked price by the discount percentage

• By multiplying the marked price with the unitary value of the discount percentage

• By dividing the marked price by the unitary value of the discount percentage

What is the selling price of an article if the discount is 30% and the marked price is Rs. 2200?

• Rs. 1540

• Rs. 1860

• Rs. 1980

• Rs. 2340

How can the selling price be directly calculated using the unitary method?

• By multiplying the marked price with the discount percentage

• By dividing the marked price by the discount percentage

• By multiplying the marked price with the unitary value of the discount percentage

• By dividing the marked price by the unitary value of the discount percentage

What is the discount percentage that Amit got when he bought a bag for Rs. 600 instead of Rs. 800?

• 10%

• 15%

• 20%

• 25%