Chapter 8 · Class 8 ICSE · Formula Sheet

Percentage, Profit & Loss Formulas — Class 8 ICSE

Calculate percentages, profit, loss, discount, and tax in commercial mathematics problems.

Key Formulas

Discount

\text{Discount} = \text{MP} - \text{SP}

Discount %

\text{Discount \%} = \dfrac{\text{Discount}}{\text{MP}} \times 100

Sales Tax / VAT

\text{Final Price} = \text{SP} + \dfrac{\text{Tax\%} \times \text{SP}}{100}

Worked Examples

1Using: Application

Apply the key formula from this topic to a sample problem.

Step 1: Identify the formula.

Step 2: Substitute the values.

Step 3: Simplify to get the answer.

Answer: See solution above

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More Class 8 ICSE Formulas

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Frequently Asked Questions

How many formulas are in Class 8 ICSE Percentage, Profit & Loss?+
There are 3 formulas in the Percentage, Profit & Loss chapter for Class 8 ICSE. Each formula is essential for solving problems in this topic.
How to remember Percentage, Profit & Loss formulas easily?+
Practice regularly with worked examples, group related formulas together, and use SparkEd's interactive practice mode to reinforce your memory through problem-solving.
Are these Percentage, Profit & Loss formulas enough for exams?+
Yes, these formulas cover the complete ICSE Class 8 syllabus for Percentage, Profit & Loss. Practice applying them to different types of questions for full exam readiness.

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