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 |