Mathematics

Profit and Loss
  • Profit = Selling price (S.P.) - Cost price (C.P.)
    When SP>CP
  • Loss = Cost price (C.P.) - Selling price (S.P.)
    When SP
  • Profit percentage (P%) = (Profit / Cost Price) × 100
  • Loss percentage (L%) = (Loss / Cost price) × 100
  • Discount = Market Price (MP) – Selling price (SP)
  • For false weight, profit percentage will be P% = [(True weight – false weight)/ false weight] x 100.
  • When there are two successful profits, say m% and n%, then the net percentage profit equals to [m+n+(mn/100)]
  • When the profit is m%, and loss is n%, then the net % profit or loss will be: [m-n-(mn/100)]
  • If a product is sold at m% profit and then again sold at n% profit then the actual cost price of the product will be: CP = [100 x 100 x P/(100+m)(100+n)]. In case of loss, CP = [100 x 100 x L/(100-m)(100-n)]