Question

How to find the SP (Selling Price) if we have the CP (Cost Price) and if Loss/Profit is given ???. Pls tell of both loss and profit . And pls give in details​

Answer 1

Answer:

Formula: Loss = Cost price (C.P.) – Selling Price (S.P.) Profit or Loss is always calculated on the cost price.

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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]*

Answer 2

Answer:

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