100/(100-loss%)×sp=_
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Answer:
100/(100-loss)×sp=cost price..
Answered by
2
Answer:
Cost Price and Selling Price
Cost price (CP) is the price at which an article is purchased.
Selling price (SP) is the price at which an article is sold.
2. Profit and Loss
If selling price is more than cost price, profit(gain) occurs.
If selling price is less than cost price, loss occurs.
In case of profit,
profit = selling price - cost price
selling price = cost price + profit
cost price = selling price - profit
In case of loss,
loss = cost price - selling price
selling price = cost price - loss
cost price = selling price + loss
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