Question

Q1) How to find Cost Price (CP) when only Selling Price (SP) & Profit is given ?
Q2) How to find SP when only CP & Profit is given ?
Q3) How to find SP when only CP & Loss is given ?
Q4) How to find CP when only SP & Loss is given ?

Answer 1

Answer:

Check the following:

Step-by-step explanation:

CP = 100

SP = 120

Profit = 20%

And We know that : SP = CP(100+PROFIT)/100

If only SP and Profit were given, we can use

SP = CP(100+PROFIT)/100

120 = CP(100+20)/100

CP = 100

Same formula can be used in all the cases