Chapter 13-Profit, Loss, Discount and Value Added Tax (VAT)


Overview of the Chapter

Chapter 13 of RD Sharma Class 8 Maths explains Profit, Loss, Discount, and Value Added Tax (VAT)—concepts that are directly applicable to daily financial transactions. Understanding these topics enables students to handle practical problems related to selling, buying, and taxation with accuracy.

Profit and Loss Concepts

The chapter begins with the basic definitions of cost price (C.P.) and selling price (S.P.). Students learn how to calculate:

  • Profit = S.P. – C.P.

  • Loss = C.P. – S.P.

It also includes exercises to find profit percentage and loss percentage, ensuring students can handle both numerical and word problems effectively.

Discount and Its Calculation

Discount is a common concept in real-world shopping scenarios. RD Sharma Solutions for class 8 Maths explains how to calculate the discount offered on marked price and how to find the selling price after applying the discount. Each exercise contains step-by-step solutions for better understanding.

Introduction to VAT

Value Added Tax (VAT) is another key topic covered in this chapter. It teaches students how taxes are added at each stage of sale and purchase. Through well-structured examples, learners understand how to compute VAT amount and final selling price.

Practical Importance

This chapter is useful not only for exam preparation but also for developing financial literacy. Students gain insights into how prices change in markets, how discounts affect total costs, and how taxes are calculated.

Benefits of Using RD Sharma Solutions

  • Step-by-step explanations for every question

  • Easy methods to remember formulas

  • Practical examples connecting maths to real-life scenarios

  • Useful for competitive exam preparation

Conclusion

Mastering profit, loss, discount, and VAT through RD Sharma Class 8 Maths Solutions builds a solid foundation for advanced commercial mathematics. Regular practice ensures accuracy in financial calculations.

Download the PDF of all the exercises for Chapter 13 Profit, Loss, Discount and VAT