Bill, Profit and Loss
Kothai is getting ready for Term II studies in her school. Her mother gives Kothai ₹300 to purchase the stationery items like note book, pen, pencil, geometry box etc. Kothai purchased some stationery items and brought home the following bill.
From the above bill, Kothai understands that the bill has the following details.
After the purchase, she has some amount left with her. She wants to verify whether the expenses made by her are correct.
1. Verification of BillKothai verifies the above bill as follows :
Item 2. 35 × 2 = 70 ✔
Item 3. 15 × 2 = 30 ✔
Item 4. 5 × 1 = 5 ✔
Item 5. 52 × 1 = 52 ✔
-----------------------
Total: 220 ✔
If 55 bills are produced on a day, then which information is same on all the bills?
Kothai’s father asks some questions about the bill and Kothai answers him as follows.
(ii) What is the cost of each pen? ₹30
(iii) What is the amount paid for pencils ? ₹30
(iv) How much the shopkeeper will give you back if you give 3 currencies of ₹100? ₹80
Rasise a few more questions on this bill.
i) How many Erasers are purchased?
ii) What is the cost of each Eraser?
iii) What is the cost of a Geometry Box?
iv) How many materials did Kothai buy?
v) What is the total cost of all items she purchased?
Arivu purchased the following vegetables from a petty shop.
2 kg of Brinjal @ ₹12 per kg, 3 kg of Onion @ ₹16 per kg, 3 kg of Tomato @ ₹20 per kg and 2 kg of Potato @ ₹24 per kg.
The shopkeeper of a petty shop doesn’t provide the bill. So, Arivu prepares the bill as follows, which helps him to verify whether he has paid correct amount for the purchase.
Will there be any change in the value of the bill if the columns ‘Rate’ and ‘Quantity’ are interchanged?
Ramya purchases some make-up items and gets the following bill.
Observe the bill and answer the following questions.
(ii) Mention the date of the bill.
(iii) How many different items were purchased?
(iv) What is the cost of an hair clip ?
(v) What is the total cost of the ribbon?
(i) The bill number is 100.
(ii) The date of the bill is 15.05.2018.
(iii) There were four different items purchased.
(iv) The cost of 1 hair clip is ₹15.
(v) The total cost for the ribbon is ₹36.
Most of the bills will have GST in them. GST stands for Goods and Services Tax, which is a single indirect tax in India which has been recently introduced to replace all other taxes like Service Tax, VAT, etc. The GST is imposed at various rates on various items. The GST is of two types. They are Central GST (CGST) and State GST (SGST).
Prepare a bill for the following purchases at Aavin sales counter in Coimbatore on 25-06-2018 bearing the Bill number 160.
2. 5 packets of Butter Milk @ ₹8 each
3. 6 packets Milk of 500ml @ ₹25 each
4. 5 packets Ghee of 100gm @ ₹40 each
1. Milk Khoa ⇒ 5 × ₹40 = ₹ 200
2. Butter Milk ⇒ 5 × ₹ 8 = ₹ 40
3. Milk ⇒ 6 × ₹25 = ₹ 150
4. Ghee ⇒ 5 × ₹40 = ₹ 200
Total = ₹ 590
