Course Content
CBSE Class 8 Maths
About Lesson

1. Discount

  • Discount = Marked Price – Sale Price
  • Discount = (Discount % × Marked Price) / 100
  • Sale Price = Marked Price – Discount

2. Cost Price (CP) with Overhead Expenses

  • CP = Buying Price + Overhead Expenses

3. Sales Tax

  • Sales Tax = (Tax % × Bill Amount) / 100
  • Total Bill Amount = Bill Amount + Sales Tax

4. Goods and Services Tax (GST)

  • GST = (GST % × Bill Amount) / 100
  • Total Bill Amount = Bill Amount + GST

5. Compound Interest (CI)

(a) When Interest is Compounded Annually

  • A = P(1 + r/100)ⁿ
  • CI = A – P
  • Where:
    • A = Final Amount
    • P = Principal Amount
    • r = Rate of Interest (%) per annum
    • n = Number of Years

b) When Interest is Compounded Half-Yearly

  • A = P (1 + r/200)²ⁿ
  • CI = A – P
  • Since interest is compounded twice a year, we divide r by 2 and multiply n by 2.

(c) When Interest is Compounded Quarterly

  • A = P (1 + r/400)⁴ⁿ
  • CI = A – P
  • Since interest is compounded four times a year, we divide r by 4 and multiply n by 4.

6. Depreciation Formula

  • A = P (1 – r/100)ⁿ
  • Where:
    • A = Value after depreciation
    • P = Initial Value (Original Price)
    • r = Rate of Depreciation (%)
    • n = Number of Years
  •