Methodical recommendation:

Theory

Number Name Description
1. Profit and Loss LO's Profit and Loss Taxes

Practice Questions

Number Name Type Difficulty Marks Description
1. Identify the Situation Other easy 2 m. To identify profit and loss by comparing the Cost Price (CP) and Selling Price (SP).
2. Ncert| Profit and Loss| Figure it out| Pg.no:19| Q4 Other easy 2 m. To calculate the amount by applying the discount
3. Assertion and Reasoning - Profit Percentage Other hard 1 m. Use the profit and profit percentage formulas to verify whether the Assertion is correct and whether the Reason correctly explains the Assertion.
4. Ncert| Profit and Loss| Figure it out| Pg.no:19| Q1 Other medium 2 m. To Calculate the shopkeeper’s profit by finding the difference between the Selling Price and Cost Price.
5. Find the Profit Percentage Other medium 2 m. To calculate the profit percentage with respect to the cost price.
6. Ncert| Profit and Loss| Figure it out| Pg.no:19| Q3 Other medium 2 m. To determine the company’s total expenditure (cost) by using revenue and profit percentage
7. Ncert| Profit and Loss| Figure it out| Pg.no:20| Q7 Other hard 4 m. Find the Cost Price using the given Selling Price and profit or loss percentage.
8. Find the discount amount and selling price Other medium 2 m. To Calculate the discount amount using the given discount percentage and Marked Price.
9. Profit and GST Other medium 2 m. To find the final price paid by the customer.
10. CBQ - Understanding Discount and GST Other hard 4 m. To determine the final price by finding the discounted price and GST amount