Question

WHAT WILL BE SP IF CP IS 1000 AND LOSS IS 5.25

Answer 1

Answer:

Formula: Loss = Cost price (C.P.) – Selling Price (S.P.) Profit or Loss is always calculated on the cost price.

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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.

SP = [(100 – Loss %) / 100]*CP.

Answer 2

Step-by-step explanation:

Solution



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Loss % =CPCP−SP×100

=656=10001000−SP×100

=SP=1000−5560=888Rs.

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