Grade 8 Discount and Commission

Step 1: Identify the Marked Price (MP) and the Discount Percentage.
MP = ₹800
Discount Percentage = 15%

Step 2: Calculate the Discount Amount.
Discount Amount = Discount Percentage of MP
Discount Amount = 15% of ₹800
Discount Amount = $\frac{15}{100} \times 800$
Discount Amount = $15 \times 8$
Discount Amount = ₹120

Step 3: Calculate the Selling Price (SP).
Selling Price = Marked Price - Discount Amount
SP = ₹800 - ₹120
SP = ₹680

Step 4: The discount amount is ₹120 and the selling price is ₹680.

Step 1: Identify the Marked Price (MP) and the Selling Price (SP).
MP = ₹2500
SP = ₹2000

Step 2: Calculate the Discount Amount.
Discount Amount = Marked Price - Selling Price
Discount Amount = ₹2500 - ₹2000
Discount Amount = ₹500

Step 3: Calculate the Discount Percentage.
Discount Percentage = $\frac{\text{Discount Amount}}{\text{Marked Price}} \times 100$
Discount Percentage = $\frac{500}{2500} \times 100$
Discount Percentage = $\frac{5}{25} \times 100$
Discount Percentage = $\frac{1}{5} \times 100$
Discount Percentage = 20%

Step 4: The rate of discount is 20%.

Step 1: Identify the total sales amount and the commission rate.
Total Sales = ₹50,000
Commission Rate = 4%

Step 2: Calculate the Commission Amount.
Commission Amount = Commission Rate of Total Sales
Commission Amount = 4% of ₹50,000
Commission Amount = $\frac{4}{100} \times 50000$
Commission Amount = $4 \times 500$
Commission Amount = ₹2000

Step 3: The commission amount is ₹2000.