Class 8 Percentage Case Study Questions with Answers

Case Study 1: Percentage, Profit, Loss, and Discount

In a busy shopping complex, a new electronics store introduced a festive week sale offering multiple discount schemes to attract customers. The store manager designed various combinations of successive discounts to ensure customers feel they are getting great deals while still keeping profits stable. For example, a smartphone originally priced at Rs. 15000 was offered at a discount of 10 percent on the first day and then an additional 5 percent discount at checkout. On some premium gadgets, instead of successive discounts, a flat discount was announced to test which strategy generated more profit. The store also tracked items bought in bulk by customers, where percentage increase or decrease in final bill amount played an important role. The manager carefully compared the effect of single discount versus successive discount to understand which method attracted more customers while keeping losses minimal. Using real-time data, the store evaluated the effective discount, total selling price, and overall profit or loss on each product sold to adjust future pricing strategies.