Find the loss% or profit% from the above * 2 points loss at 20% Profit at 20% loss at 24.56% Profit at 24.56%
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Percentage Gain
Calculating the profit or loss is all about calculating the change. In the profit and loss section, we have to understand that all of our calculations are based on the concepts of Selling Price, and Cost Price. The difference between the two determines if we have a situation of making a profit out of the transaction or will we just incur a loss. Other terms like the Marked Price, MRP and Discount are also very crucial and have been discussed in detail at other places. Let us recall these terms.
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