Question

what is the formular for selling price,cost price and percentage gain

Answer 1

Step-by-step explanation:

1.selling price = (100 + profit%)cost price/100; [Here, cost price and profit% are known.] 1.

2.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 ).

3.Below is the list of some basic formulas used in solving questions on profit and loss: Gain % = (Gain / CP) * 100. Loss % = (Loss / CP) * 100. SP = [(100 + Gain%) / 100] * CP.

Answer 2

Step-by-step explanation:

Cost Price (CP) = The price at which the item was bought.

Selling Price (SP) = The price at which the item is sold.

Profit/Loss = Selling Price (SP) - Cost Price (CP)

(If the answer is positive then it is Profit)

(If the answer is negative then it is Loss)

$Profit/Loss Percentage = \frac{(Profit/Loss) \times 100}{Cost Price}$