formula of cp and sp
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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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Step-by-step explanation:
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 ).
Selling price = Cost price + profit
Selling price = (100+ % profit) / 100× cost price
Selling price = (100 - % loss) / 100 × cost price
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