Question

What is the formula of MP

Answer 1

mp = sp ×100/100-discount %

Answer 2

Answer:

M.P. = S.P.  -  D

M.P. = S.P - {(D% × S.P)/ 100}

Step-by-step explanation:

Hey Mate,

The question is from Profit , Loss and Discount Chapter. and the You are asking Market Price formula. First of all i will tell you their is no Formula for market price. But in some question is given that Market Price is Rs. 100 less than or more than Selling Price. or Some time its given in Percentage. So, I will provide you some Basic Formula.

M.P. Stand for Market Price.

S.P. Stand for Selling Price.

D Stand for Discount.

Formula of Market Price is.

M.P. = S.P - D  ............... (1)

M.P. = S.P - {(D% × S.P)/ 100} .......... (2)