A salesman has n things to sale . The cost price of all n things is different out of which p things he is selling on m% profit and n-p things he is going to sell on x% loss . find his net profit or loss
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Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).
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