Question

How to find cost price when profit percentage and selling price is given​

Answer 1

Answer:

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 ).

Answer 2

Step-by-step explanation:

Let the CP be ₹ x.

Therefore,

[x+ profit %*x= SP]

The CP by which a thing is bought added to profit is only the SP by which a consumer buys it.