2040-1920 x 100
1920
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formula – SP = CP [ 1 + ( Gain % x 100) ]
In first case SP = 2400
2400 = CP [1 + (25/100) ]
CP = 2400 / 1.25 = 240000 / 125 = 1920.
In second case SP = 2040.
Then Profit = 2040 – 1920 = 120.
Profit % = [ Profit x 100] / CP
= 120 x 100 / 1920 = 6.25 %.
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