Question

Profit as a percentage of the selling price is 25%. Express it as apercentage of cost price.​

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 ).

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