How to find the cost price by loss and profit.
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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 ).
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remember the formulae only
×CP = ( SP * 100 ) / ( 100 + percentage profit).
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