Chapter 8 Comparing Quantities
Very Short Answer Type
Solution:
Question 3.
If 20% of x is 25, then find x.
Solution:
20% of x = 25
Hence x = 125
Question 4.
Express the following as a fraction
(a) 35%
(b) 64%
Solution:
Hence, profit = 25%
Question 8.
An article is marked at ₹ 940. If it is sold for ₹ 799, then find the discount per cent.
Solution:
MP = ₹ 940
SP = ₹ 799
Discount = MP – SP = 940 – 799 = ₹ 141
Hence, discount = 15%
Question 10.
Find the amount if ₹ 2,000 is invested for 2 years at 4% p.a. compounded annually.
Solution:
Short Answer Type
Hence, the required amount = ₹ 4,230
Hence, the net selling price = ₹ 2,63,952
Question 17.
Find the amount of ₹ 6,250 at 8% pa compounded annually for 2 years. Also, find the compound interest.
Solution:
Question 20.
Find the compound interest on ₹ 48,000 for one year at 8% per annum when compounded half yearly. (NCERT Exemplar)
Solution:
Principal (P) = ₹ 48,000
Rate (R) = 8% p.a.
Time (n) = 1 year
Interest is compounded half yearly
Therefore Compound Interest = A – P = ₹ (519,16.80 – 48,000) = ₹ 3,916.80.