Skip to main content
Super TutorResources
Chapter 8 of 25
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Syllabus

Profit, Loss and Discount

ICSE · Class 8 · Mathematics

Complete topic list for Profit, Loss and Discount in ICSE Class 8 Mathematics. Key concepts, sub-topics, and what to focus on for board exams.

69 questions28 flashcards5 concepts

Interactive on Super Tutor

Studying Profit, Loss and Discount? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for syllabus and more.

Try Super Tutor — Free

1,000+ Class 8 students started this chapter today

4 Topics · ICSE Class 8 Mathematics

Topics in Profit, Loss and Discount

1

Profit and Loss Basics

  • Profit occurs when selling price is greater than cost price.
  • Loss occurs when selling price is less than cost price.
  • Profit = Selling Price – Cost Price.
2

Finding Selling Price and Cost Price

  • If gain percent is given with cost price, selling price can be found directly.
  • If loss percent is given with cost price, selling price can be found directly.
  • If selling price and gain percent are given, cost price can be found directly.
3

Discount and Marked Price

  • Discount is a reduction offered on marked price.
  • Discount is always calculated on marked price.
  • Selling price = Marked Price - Discount.
4

Tax and GST

  • Tax is calculated on sale price.
  • Amount paid by the customer equals sale price plus tax.
  • The rate of tax depends on the nature of goods.

Key Concepts

Central concept: Profit, Loss and Discount

ProfitLossCost PriceSelling PriceMarked PriceDiscountOverhead ExpensesTax

Frequently Asked Questions

What are the important topics in Profit, Loss and Discount for ICSE Class 8 Mathematics?
Profit, Loss and Discount covers several key topics that are frequently asked in ICSE Class 8 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Profit, Loss and Discount — ICSE Class 8 Mathematics?
Understand the core concepts first, then work through the 69 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Profit, Loss and Discount

All 25 chapters — ICSE Class 8 Mathematics Syllabus

For serious students

Get the full Profit, Loss and Discount chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for ICSE Class 8 Mathematics.

Try Super Tutor Free
Try the full chapter — Free