Profit, Loss and Discount


Terms Used: CP = Cost Price,     SP = Selling Price,     , MP = Marked Price
  1. Profit = SP - CP

  2. Profit % =
       (SP - CP)
    CP
     × 100  =
       profit
    CP
     × 100  

  3. Loss = CP - SP

  4. Loss % =
       (CP - SP)
    CP
     × 100  =
       loss
    CP
     × 100

  5. SP =
       100 + profit %  × CP
    100
      or,
    SP =
       100 - loss %  × CP
    100


  6. CP =
       100  × SP
    100 + profit %
      or,
    CP =
       100  × SP
    100 - loss %


  7. SP = (100 + p) % of CP; where profit is p % of CP.

  8. SP = (100 - x) % of CP; where loss is x % of CP.

  9. When two articles are sold at same price, but one at profit of x % and other at loss of x % then there will be a loss, and
    loss % =
       x ²
    100


  10. MP = CP + Markup, i.e.
    MP = CP +(% markup on CP)

  11. Discount = % discount on MP

  12. SP = MP - Discount