Comparing Quantities
ЁЯУР Formula & Cheat Sheet (English)
Quick Revision Notes & Formula Sheet
Class 8 Mathematics тАФ Chapter: Comparing Quantities (рд░рд╛рд╢рд┐рдпреЛрдВ рдХреА рддреБрд▓рдирд╛)
1. Ratios and Percentages (рдЕрдиреБрдкрд╛рдд рдФрд░ рдкреНрд░рддрд┐рд╢рдд)
- Ratio (рдЕрдиреБрдкрд╛рдд): A comparison of two quantities of the same kind measured in the same units.
- Ratio of $a$ to $b$ is written as $a : b$ or $\frac{a}{b}$.
- Percentage (рдкреНрд░рддрд┐рд╢рдд): A fraction with denominator 100. Means "per hundred". Symbol:
%. - Converting Fraction / Ratio to Percentage: $$\text{Percentage} = \text{Fraction or Ratio} \times 100$$
- Converting Percentage to Fraction: $$\text{Fraction} = \frac{\text{Percentage}}{100}$$
2. Increase and Decrease Percentage (рд╡реГрджреНрдзрд┐ рдФрд░ рдХрдореА рдкреНрд░рддрд┐рд╢рдд)
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Percentage Increase: $$\text{Percentage Increase} = \left( \frac{\text{Amount of Increase}}{\text{Original Value}} \right) \times 100$$
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Percentage Decrease: $$\text{Percentage Decrease} = \left( \frac{\text{Amount of Decrease}}{\text{Original Value}} \right) \times 100$$
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New Value: $$\text{New Value} = \text{Original Value} \pm \text{Change Amount}$$
3. Discount (рдмрдЯреНрдЯрд╛ / рдЫреВрдЯ)
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Marked Price (MP / рдЕрдВрдХрд┐рдд рдореВрд▓реНрдп): The price printed on an item.
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Selling Price (SP / рд╡рд┐рдХреНрд░рдп рдореВрд▓реНрдп): The price at which the item is actually sold.
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Discount Formula: $$\text{Discount} = \text{Marked Price (MP)} - \text{Selling Price (SP)}$$
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Discount Percentage: $$\text{Discount %} = \left( \frac{\text{Discount}}{\text{Marked Price}} \right) \times 100$$
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Finding SP using Discount %: $$\text{SP} = \text{MP} \times \frac{(100 - \text{Discount %})}{100}$$
4. Profit and Loss (рд▓рд╛рдн рдФрд░ рд╣рд╛рдирд┐)
- Cost Price (CP / рдХреНрд░рдп рдореВрд▓реНрдп): The buying price of an item plus overhead expenses (transportation, repair, etc.).
- Selling Price (SP / рд╡рд┐рдХреНрд░рдп рдореВрд▓реНрдп): The price at which the item is sold.
A. Profit (Profit happens when SP > CP)
- $\text{Profit} = \text{SP} - \text{CP}$
- $\text{Profit %} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100$
- $\text{SP} = \text{CP} \times \frac{(100 + \text{Profit %})}{100}$
- $\text{CP} = \frac{\text{SP} \times 100}{100 + \text{Profit %}}$
B. Loss (Loss happens when CP > SP)
- $\text{Loss} = \text{CP} - \text{SP}$
- $\text{Loss %} = \left( \frac{\text{Loss}}{\text{CP}} \right) \times 100$
- $\text{SP} = \text{CP} \times \frac{(100 - \text{Loss %})}{100}$
- $\text{CP} = \frac{\text{SP} \times 100}{100 - \text{Loss %}}$
Note: Profit % and Loss % are always calculated on the Cost Price (CP) unless specified otherwise.
5. Taxes: Sales Tax / VAT / GST
- Taxes are added to the selling price of the item before calculating the total bill.
- Formula: $$\text{Tax Amount} = \left( \frac{\text{Tax %}}{100} \right) \times \text{Selling Price}$$ $$\text{Total Bill Amount} = \text{Selling Price} + \text{Tax Amount}$$
6. Simple Interest (SI) vs Compound Interest (CI)
Where:
- $P$ = Principal (рдореВрд▓рдзрди)
- $R$ = Rate of interest per annum (рдмреНрдпрд╛рдЬ рджрд░ % рд╡рд╛рд░реНрд╖рд┐рдХ)
- $T$ or $n$ = Time period in years (рд╕рдордп)
- $A$ = Total Amount (рдорд┐рд╢реНрд░рдзрди)
A. Simple Interest (рд╕рд╛рдзрд╛рд░рдг рдмреНрдпрд╛рдЬ)
Interest calculated only on the principal amount throughout the period.
- $\text{SI} = \frac{P \times R \times T}{100}$
- $\text{Amount (A)} = P + \text{SI}$
B. Compound Interest (рдЪрдХреНрд░рд╡реГрджреНрдзрд┐ рдмреНрдпрд╛рдЬ)
Interest calculated on the accumulated principal plus interest of previous periods.
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1. Compounded Annually (рд╡рд╛рд░реНрд╖рд┐рдХ рд╕рдВрдпреЛрдЬрди): $$A = P \left(1 + \frac{R}{100}\right)^n$$ $$\text{CI} = A - P$$
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2. Compounded Half-Yearly (рдЕрд░реНрджреНрдзрд╡рд╛рд░реНрд╖рд┐рдХ рд╕рдВрдпреЛрдЬрди):
- Time becomes double ($2n$)
- Rate becomes half ($\frac{R}{2}$) $$A = P \left(1 + \frac{R}{200}\right)^{2n}$$
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3. Compounded Quarterly (рддреНрд░реИрдорд╛рд╕рд┐рдХ рд╕рдВрдпреЛрдЬрди):
- Time becomes four times ($4n$)
- Rate becomes one-fourth ($\frac{R}{4}$) $$A = P \left(1 + \frac{R}{400}\right)^{4n}$$
7. Applications of Compound Interest Formula
A. Growth (Population / Bacteria Growth)
If population grows at a rate of $R%$ per year: $$\text{Population after } n \text{ years} = P_0 \left(1 + \frac{R}{100}\right)^n$$ (Where $P_0$ is initial population)
B. Depreciation (рдЕрд╡рдореВрд▓реНрдпрди / рдШрд┐рд╕рд╛рд╡рдЯ)
Decrease in the value of an asset (like machinery, vehicles) over time at rate $R%$: $$\text{Value after } n \text{ years} = V_0 \left(1 - \frac{R}{100}\right)^n$$ (Where $V_0$ is initial value)
Quick Memory Tricks for MP Board Exams:
- Overhead Charges: Always add repair, transport, or labor costs to CP to get the Total CP.
- Discount is on MP, Profit/Loss is on CP, and Tax is on SP.
- In Half-Yearly problems: Double the time, Half the rate.