Profit, Loss and Discount
Terms Used: CP = Cost Price, SP = Selling Price, , MP = Marked Price
- Profit = SP - CP
- Profit % =
× 100 =
× 100
- Loss = CP - SP
- Loss % =
× 100 =
× 100
- SP =
or,
SP =
- CP =
or,
CP =
- SP = (100 + p) % of CP; where profit is p % of CP.
- SP = (100 - x) % of CP; where loss is x % of CP.
- 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 % =
- MP = CP + Markup, i.e.
MP = CP +(% markup on CP)
- Discount = % discount on MP
- SP = MP - Discount