Question

if the CP of an article Rs. 1000 and its sold with a loss of 25% find the SP

Answer 1

Formula for calculating SP when CP and loss / profit % is given :

SP = ( 100 + PROFIT % ) / 100 * CP

SP = ( 100 - LOSS % ) / 100 * CP

SO WE CAN CALCULATE THE SP BY THIS FORMULA :

SP = ( 100 - 25 ) / 100 * 1000

SP = 75 / 100 * 1000

SP = RS. 750

HENCE THE ANSWER IS RS. 750

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