all formula of profit and loss for class 7th
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Answer:
Profit, P = SP – CP; SP>CP.
Loss, L = CP – SP; CP>SP.
P% = (P/CP) x 100.
L% = (L/CP) x 100.
SP = {(100 + P%)/100} x CP.
SP = {(100 – L%)/100} x CP.
CP = {100/(100 + P%)} x SP.
CP = {100/(100 – L%)} x SP.
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Refer my pic mate !!!
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