Adaptive Learning
Adaptive Learning: Explanation, Formulae and Practice
These topics connect maths with money decisions. Always identify cost price, selling price, principal, rate and time before using a formula.
Practical Formulae
- Profit = selling price - cost price.
- Loss = cost price - selling price.
- Profit percentage = (profit / cost price) x 100.
- Simple interest = (principal x rate x time) / 100.
- Amount = principal + interest.
Solved Example
Question: An item is bought for Rs. 500 and sold for Rs. 575. Find the profit percentage.
Working: Profit = 575 - 500 = 75. Profit percentage = (75 / 500) x 100.
Result: Profit percentage = 15%.
Unanswered Practice Questions
Try these yourself before checking notes or calculators.
- Find the loss percentage when CP is Rs. 800 and SP is Rs. 720.
- Find simple interest on Rs. 5,000 at 8% per year for 2 years.
- A shopkeeper marks an item at Rs. 1,200 and gives 10% discount. Find the selling price.
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