Formulas:
Profit = SP – CP
Loss = CP – SP
Profit% = ((SP – CP)/CP) * 100
Loss% = ((CP – SP)/CP) * 100
SP = (1+ profit%) * CP
SP = (1 – Loss%) * CP
CP = SP/(1+profit%)
CP = SP/(1-Loss%)
MP = SP+ Discount
MP = SP/(1-Disount%)
Discount% = ((MP – SP) / MP) * 100
Profit% = MP% – Discount% – (MP% * discount%)
If profit and loss are same(x), then loss%= (X/10)2
Important Terms:
SP – Selling price
CP – Cost price
MP – Marked price
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