Question

How to find sp when cp and profit or loss percent is given

Answer 1

Answer:

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.