Question

Formula to find cp when sp and profit percent is given

Answer 1

Answer:

sp = cp ( 1 + p/100)

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Step-by-step explanation:

Cost price = cp

Profit % = p

Profit = p*cp/100

Sell price = sp

sp = cp + p*cp/100

sp = cp ( 1 + p/100)

Answer 2

hi mate,

Answer:

Formulas

Profit % = (Profit/C.P. ) x 100

Loss % = (Loss/C.P.) x 100

C.P. = 100XS.P. / (100–Loss%)

C.P. = 100XS.P. / (100+Profit%)

Basic Definitions and Formulas

Cost price (C.P.): This is the price at which an article is purchased.

Selling price (S.P.): This is the price at which an article is sold.

Profit or Gain: If the selling price is more than the cost price, the difference between them is the profit incurred.

– C.P.

Loss: If the selling price is less than the cost price, the difference between them is the loss incurred.

Formula: Loss = Cost price (C.P.) – Selling Price (S.P.)

Profit or Loss is always calculated on the cost price.

Marked price: This is the price marked as the selling price on an article, also known as the listed price.

Discount or Rebate: This is the reduction in price offered on the marked or listed price.

Below is the list of some basic formulas used in solving questions on profit and loss:

Gain % = (Gain / CP) * 100

Loss % = (Loss / CP) * 100

SP = [(100 + Gain%) / 100] * CP

SP = [(100 – Loss %) / 100]*CP

The above two formulas can be stated as,

If an article is sold at a gain of 10%, then SP = 110% of CP.

If an article is sold at a loss of 10%, then SP = 90% of CP.

CP = [100 / (100 + Gain%)] * SP

CP = [100 / (100 – Loss%)] * SP

i hope it helps you.