find profit percent or loss percent: S.P = rupees 900 and C.P = 1050.
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Profit % = (\frac{ Profit}{ C.P.} ) x 100.
Loss % = (\frac{ Loss}{ C.P.}) x 100.
C.P. = \frac{ 100 X S.P.}{ (100 – Loss \%)}
C.P. = \frac{ 100 X S.P.}{ (100 + Profit \%)}
Therefore, Rs 649 = ( 1 + \frac{18}{100}) of C.P.
=> Rs 649 = \frac{118}{100} of C.P.
=> C.P. = Rs (649 x \frac{100}{118}) = Rs 550.
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