All the formulae of profit and loss...
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Answered by
12
Profit = sp - cp
Loss = cp - sp
When loss:
Cp = sp + loss
Sp = cp - loss
When profit:
Cp = sp - profit
Sp = cp + profit
Loss% = loss ÷ cp × 100
Profit% = profit ÷ cp × 100
When sp and profit% is given:
Cp= 100÷100+profit% × sp
When sp and loss% is given:
Cp = 100÷100-loss% × sp
When cp and profit% is given:
Sp = 100+profit%÷100 × cp
When cp and loss% is given:
Sp = 100-profit%÷100 × cp
Loss = cp - sp
When loss:
Cp = sp + loss
Sp = cp - loss
When profit:
Cp = sp - profit
Sp = cp + profit
Loss% = loss ÷ cp × 100
Profit% = profit ÷ cp × 100
When sp and profit% is given:
Cp= 100÷100+profit% × sp
When sp and loss% is given:
Cp = 100÷100-loss% × sp
When cp and profit% is given:
Sp = 100+profit%÷100 × cp
When cp and loss% is given:
Sp = 100-profit%÷100 × cp
Sandy260:
These are all the formulae, have a good day :)
Answered by
5
IMPORTANT FACTS
Cost Price:
The price, at which an article is purchased, is called its cost price, abbreviated as C.P.
Selling Price:
The price, at which an article is sold, is called its selling prices, abbreviated as S.P.
Profit or Gain:
If S.P. is greater than C.P., the seller is said to have a profit or gain.
Loss:
If S.P. is less than C.P., the seller is said to have incurred a loss.
IMPORTANT FORMULAE
Gain = (S.P.) - (C.P.)
Loss = (C.P.) - (S.P.)
Loss or gain is always reckoned on C.P.
Gain Percentage: (Gain %)
Gain % =Gain x 100C.P.
Loss Percentage: (Loss %)
Loss % =Loss x 100C.P.
Selling Price: (S.P.)
SP =(100 + Gain %)x C.P100
Selling Price: (S.P.)
SP =(100 - Loss %)x C.P.100
Cost Price: (C.P.)
C.P. =100x S.P.(100 + Gain %)
Cost Price: (C.P.)
C.P. =100x S.P.(100 - Loss %)
If an article is sold at a gain of say 35%, then S.P. = 135% of C.P.
If an article is sold at a loss of say, 35% then S.P. = 65% of C.P.
When a person sells two similar items, one at a gain of say x%, and the other at a loss of x%, then the seller always incurs a loss given by:
Loss % =Common Loss and Gain %2=x2.1010
If a trader professes to sell his goods at cost price, but uses false weights, then
Gain % =Errorx 100%.(True Value) - (Error)
Cost Price:
The price, at which an article is purchased, is called its cost price, abbreviated as C.P.
Selling Price:
The price, at which an article is sold, is called its selling prices, abbreviated as S.P.
Profit or Gain:
If S.P. is greater than C.P., the seller is said to have a profit or gain.
Loss:
If S.P. is less than C.P., the seller is said to have incurred a loss.
IMPORTANT FORMULAE
Gain = (S.P.) - (C.P.)
Loss = (C.P.) - (S.P.)
Loss or gain is always reckoned on C.P.
Gain Percentage: (Gain %)
Gain % =Gain x 100C.P.
Loss Percentage: (Loss %)
Loss % =Loss x 100C.P.
Selling Price: (S.P.)
SP =(100 + Gain %)x C.P100
Selling Price: (S.P.)
SP =(100 - Loss %)x C.P.100
Cost Price: (C.P.)
C.P. =100x S.P.(100 + Gain %)
Cost Price: (C.P.)
C.P. =100x S.P.(100 - Loss %)
If an article is sold at a gain of say 35%, then S.P. = 135% of C.P.
If an article is sold at a loss of say, 35% then S.P. = 65% of C.P.
When a person sells two similar items, one at a gain of say x%, and the other at a loss of x%, then the seller always incurs a loss given by:
Loss % =Common Loss and Gain %2=x2.1010
If a trader professes to sell his goods at cost price, but uses false weights, then
Gain % =Errorx 100%.(True Value) - (Error)
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