First Aid meaning
First aid refers to the immediate care and treatment provided to an individual who has sustained an injury or is experiencing a sudden illness. This care is given before professional medical help is available and can include measures such as wound cleaning, bandaging, CPR, and stabilizing fractures. The goal is to preserve life, prevent further harm, and promote recovery.
First Aid meaning: 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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