**RS Aggarwal Class 8 Maths Chapter 10 Ex 10.2 Solutions**: This exercise includes calculating the Profit or Gain % & calculating the Loss or Loss %. Practicing this exercise from the RS Aggarwal textbook enables the students to strengthen their knowledge & understand the kind of questions that are frequently come in the exam. The top Mathematics experts have created these solutions in such a way that students can easily understand the concepts of this exercise.

RS Aggarwal Class 8 Maths Chapter 10 Ex 10.2 Solutions enables the students to have a better academic score. The students should practice the problems regularly to understand the topics covered in this exercise and the easy way of solving them. Each word problem is solved as per the CBSE guidelines. The students can access these solutions from any device & study for their Maths final exam preparation.

Access RS Aggarwal Class 8 Maths Chapter 10 Solutions PDF

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**Download ****RS Aggarwal Class 8 Maths Chapter 10 Ex 10.2 Solutions**

** RS Aggarwal Class 8 Maths Chapter 10 Ex 10.2 Solutions**

**Important Definition for ****RS Aggarwal Class 8 Maths Chapter 10 Ex 10.2 Solutions**

The team of top Mathematics expert has solved these solutions efficiently that enable the students to solve problems in the most efficient possible ways. The students must practice exercise problems regularly and perform well in the final exam.

**Profit Formula**

It is described well in terms of cost price & selling price. Cost price is the actual price of the product & the selling price is the amount at which the product is sold. So, if the selling price of the product is more than the cost price, then the business has gained its profit. The formula to calculate the profit is Profit or Gain = Selling Price – Cost Price

**Profit Percentage**

When the profit is calculated, we can also calculate the percentage profit that we have gained in any business by the formula of P% = (P/CP) × 100 Where P is the profit & CP is the cost price.

There are 3 kinds of profit used in business such as:

(i) Gross Profit: The formula to calculate the Gross Profit is

Gross Profit = Total Sales – COGs

(ii) Operating Profit: The formula to calculate the Operating Profit is

Operating profit = Gross Profit – Operating Expenses

(iii) Net Profit: The formula to calculate the Net Profit is

Net Profit = Operating Profit – (Taxes & Interest).

**Loss percentage**

The loss percentage formula is used to calculate the percentage loss that occurred in any business. It also represents a percentage loss. Loss is expressed as the difference between the cost price & the selling price. The percentage loss is the percent of loss in terms of actual cost price.

The formula of Loss is Loss = Cost Price – Selling Price

Where Cost Price is the actual price of the product & Selling Price is the sale price at which the product has been sold.

The formula for loss percentage is Loss percentage = (Loss × 100) / Cost Price

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