selling price - cost price =
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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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selling price - cost price = profit
Step-by-step explanation:
let, cost price is = 200
and let, selling price is = 245
then, (selling price - cost price) =(245-200 )
=45 (profit)
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