9. Discount and Commission
Solutions to Practice Sets 9.1 and 9.2 — discount, commission, brokerage and rebate, with every step shown. Maharashtra State Board (Balbharati), Standard Eight Mathematics.
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Practice Set 9.1
Discount = Marked price − Selling price
= 1700 − 1540 = 160
Answer: Discount = ₹ 160
Discount = 990 × 10100 = ₹ 99
Selling price = Marked price − Discount = 990 − 99 = 891
Answer: Selling price = ₹ 891
If the marked price is ₹ 100, the discount is ₹ 20, so the selling price is 100 − 20 = ₹ 80.
Let the marked price be ₹ x when the selling price is ₹ 900.
∴ 80100 = 900x
∴ x = 900 × 10080 = 1125
Answer: Marked price = ₹ 1125
Discount = 3000 × 12100 = 30 × 12 = ₹ 360
Selling price = 3000 − 360 = 2640
Answer: Discount = ₹ 360, selling price = ₹ 2640
Discount = 2300 − 1955 = ₹ 345
Let the discount be x%. Then x100 = DiscountMarked price = 3452300
∴ x = 345 × 1002300 = 34523 = 15
Answer: 15% discount
If the marked price is ₹ 100, the customer pays 100 − 11 = ₹ 89.
Let the marked price be ₹ x when the customer pays ₹ 22,250.
∴ 89100 = 22250x
∴ x = 22250 × 10089 = 250 × 100 = 25,000
Answer: Marked price = ₹ 25,000
Suppose the marked price of the item = 100 rupees.
Therefore, for the customer that item costs 100 − 10 = 90 rupees.
Hence, when the discount is 10 rupees, the selling price is 90 rupees.
Suppose when the discount is 17 rupees, the selling price is x rupees.
∴ x90 = 1710 ∴ x = 17 × 9010 = 153
Answer: The customer will get the item for 153 rupees.
Check: the discount is 10% of the marked price, so the marked price is 170 rupees and 170 − 17 = 153.
Let the decided price be ₹ 100.
The price is tagged 25% more: marked price = 100 + 25 = ₹ 125.
Discount = 20% of 125 = 125 × 20100 = ₹ 25
Selling price = 125 − 25 = ₹ 100
So when the decided price is ₹ 100, he gets exactly ₹ 100. He gets neither more nor less.
Answer: 0% — he gets exactly the decided price.
A 25% increase followed by a 20% decrease does not give a 5% gain, because the 20% is taken on the bigger amount (₹ 125), not on ₹ 100.
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Practice Set 9.2
Selling price of books = ₹ 4500 Rate of commission = 15%
Commission obtained = 4500 × 15100 ∴ Commission = 675 rupees
Answer: John obtained ₹ 675 commission.
Commission = 15000 × 4100 = 150 × 4 = ₹ 600
Amount received = 15000 − 600 = 14,400
Answer: Commission = ₹ 600; Rafique received ₹ 14,400
Commission = 9200 × 2100 = 92 × 2 = ₹ 184
Answer: The agent got ₹ 184.
Cost of 3 sarees = 3 × 560 = ₹ 1680
Cost of 6 bottles of honey = 6 × 90 = ₹ 540
Total cost = 1680 + 540 = ₹ 2220
Rebate = 2220 × 12100 = 26640100 = ₹ 266.40
Amount to pay = 2220 − 266.40 = 1953.60
Answer: Umatai paid ₹ 1953.60
Brokerage from each person = 2% of 7,50,000
- (1) Smt. Deepanjali paid 7,50,000 × 2100 = ₹ 15,000 brokerage for purchasing the house.
- (2) Smt. Leelaben paid brokerage of ₹ 15,000.
- (3) Total brokerage received by the agent is ₹ 30,000. (15,000 + 15,000)
- (4) The cost of the house Smt. Deepanjali paid is ₹ 7,65,000. (price + her brokerage: 7,50,000 + 15,000)
- (5) The selling price of the house for Smt. Leelaben is ₹ 7,35,000. (price − her brokerage: 7,50,000 − 15,000)
The buyer pays brokerage on top of the price, so her total cost goes up. The seller pays brokerage out of the price she receives, so the amount she actually gets goes down.