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shortcut trick for profit and loss

profit loss

  • Ankit
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  • 2 Answers
  Answer
2 Answers

  • Cost Price The cost, at which an article is bought, is called its cost, abridged as C.P. Offering Price The cost, at which an article is sold, is called its offering costs, abridged as S.P. Benefit/pick up = SP – CP Benefit % = Profit/(C P)×100 S P = (100+gain % )/100 ×C P C P = 100/(100+gain %)×S P Misfortune: In the event that the general Cost Price surpasses the offering cost of the purchaser then he is said to have incurredloss. Misfortune = C P – S P Misfortune % = LOSS/(C P)×100 S P = (100-misfortune %)/100×C P C P = 100/(100-misfortune %)×S P

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  • just keep the formula in your mind before solving profit and loss question.. Likebr /br /stronguCost Price /u/strongbr /The price, at which an article is purchased, is called its cost price, abbreviated strongas C.P/strong.br /stronguSelling Price/u/strongbr /The price, at which an article is sold, is called its selling prices, abbreviated strongas S.P./strongbr /strongProfit/gain/strong = SP – CPbr /strongProfit/strong % = Profit/(C P)×100br /strongS P/strong = (100+gain % )/100  ×C Pbr /strongC P/strong = 100/(100+gain %)×S Pbr /stronguLoss/u/strongu: /ubr /If the overall Cost Price exceeds the selling price of the buyer then he is said to have incurredstrongloss/strong.br /strongLoss/strong = C P – S Pbr /strongLoss/strong % = LOSS/(C P)×100br /strongS P/strong = (100-loss %)/100×C Pbr /strongC P/strong = 100/(100-loss %)×S P

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