Discount Sale New_1
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- Words: 381
- Pages: 24
This is Bernard’s shop in our locality.
It is a popular shop for children’s books.
Bernard buys his books from this wholesale shop.
He had been here to add a few copies of the latest best-seller to his stock.
He sold the books by adding some profit.
Soon it was summer, and it was holiday-time for children.
A number of books from the previous year’s stock were still unsold.
Bernard decided to organize a discount sale.
The sale was a grand success.
CONCLUSION
Who actually benefitted from the sale?
Analysis The amount Bernard paid the wholesaler
The increased price before the sale
C.P.
Cost Price
M.P.
Marked Price
The amount by which the price was increased before the sale The reduced price for which the books were sold finally Percentage of reduction given
Discount S.P.
Selling Price
R
Rate of discount
Formulae • • •
DISCOUNT = M.P. – S.P. R = ( DISCOUNT X 100 ) / M.P. TOTAL DISCOUNT = ( M.P. X R ) / 100
CASE STUDIES
PRICE : BEFORE DISCOUNT
AFTER
Rs. 200
Rs.171
A Hand bag Q.
WHAT IS THE DISCOUNT THAT HAS BEEN OFFERED ?
Q.
What is the rate of Discount offered ?
A. Each of these toys is offered at 15% discount on a Catalogue price of Rs. 300. What is the amount the buyer saves?
CREDITS
Mrs. Aruna Maruti, M.E.S.K.K. The following websites, for providing necessary resources: i. www.educationinindia.net ii. www.ebookcrossroads.com www.csusm.edu www.personalisedbook.com www.unceunr.edu www.trueviewevents.co.uk www.rif.org www.suzannesutton.com
www.wit.ie www.thebookshop.org.uk www.saifscotland.org.uk Mrs.C.Anuradha,Bharatiya Vidya Bhavan Public School. Mrs.Sarala, Mrs.Jyothi, Mrs.Sheetal, Mrs.Leera Computer section, M.E.S.K.K.
Project 1. Use the Internet to research the following •
Types of discount (discount need not always be offered as a price reduction on the item)
•
Is the term “Marked Price” known by any other name elsewhere in the world?
•
Why are discounts necessary?
•
Why are discounts offered during festival seasons?
2. Create Power-point slides to report your findings 3. Send emails to friends and relatives to create awareness. 4. Take the role of organizers of discount sales •
Interview the shop keepers.
•
Collect various items for the sale.
•
Separate them into different categories.
•
Make a price list.
•
Hold a discount sale.
•
Discuss on the profit gained.
It is a popular shop for children’s books.
Bernard buys his books from this wholesale shop.
He had been here to add a few copies of the latest best-seller to his stock.
He sold the books by adding some profit.
Soon it was summer, and it was holiday-time for children.
A number of books from the previous year’s stock were still unsold.
Bernard decided to organize a discount sale.
The sale was a grand success.
CONCLUSION
Who actually benefitted from the sale?
Analysis The amount Bernard paid the wholesaler
The increased price before the sale
C.P.
Cost Price
M.P.
Marked Price
The amount by which the price was increased before the sale The reduced price for which the books were sold finally Percentage of reduction given
Discount S.P.
Selling Price
R
Rate of discount
Formulae • • •
DISCOUNT = M.P. – S.P. R = ( DISCOUNT X 100 ) / M.P. TOTAL DISCOUNT = ( M.P. X R ) / 100
CASE STUDIES
PRICE : BEFORE DISCOUNT
AFTER
Rs. 200
Rs.171
A Hand bag Q.
WHAT IS THE DISCOUNT THAT HAS BEEN OFFERED ?
Q.
What is the rate of Discount offered ?
A. Each of these toys is offered at 15% discount on a Catalogue price of Rs. 300. What is the amount the buyer saves?
CREDITS
Mrs. Aruna Maruti, M.E.S.K.K. The following websites, for providing necessary resources: i. www.educationinindia.net ii. www.ebookcrossroads.com www.csusm.edu www.personalisedbook.com www.unceunr.edu www.trueviewevents.co.uk www.rif.org www.suzannesutton.com
www.wit.ie www.thebookshop.org.uk www.saifscotland.org.uk Mrs.C.Anuradha,Bharatiya Vidya Bhavan Public School. Mrs.Sarala, Mrs.Jyothi, Mrs.Sheetal, Mrs.Leera Computer section, M.E.S.K.K.
Project 1. Use the Internet to research the following •
Types of discount (discount need not always be offered as a price reduction on the item)
•
Is the term “Marked Price” known by any other name elsewhere in the world?
•
Why are discounts necessary?
•
Why are discounts offered during festival seasons?
2. Create Power-point slides to report your findings 3. Send emails to friends and relatives to create awareness. 4. Take the role of organizers of discount sales •
Interview the shop keepers.
•
Collect various items for the sale.
•
Separate them into different categories.
•
Make a price list.
•
Hold a discount sale.
•
Discuss on the profit gained.
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