S P C P Formula
Profit 7500 1500 9000 illustration 3 bobby bought oranges at 5 a dozen.
S p c p formula. Profit and loss is the branch of basic mathematics which deals with the study of profit and loss made in a business transaction. Notations used in profit and loss. And c p if s p. Find the selling price of one orange.
Profit is the difference between s p. Example 5. Remember that the ve sign is used when a profit is incurred and the ve sign is used when a loss is incurred. Profit percent p profit percent is always computed over c p.
Loss 5 19 4. All the problems on profit and loss can be reduced to a single step that can be solved directly using the formula s p. Is greater than c p. Find the selling price of one orange.
He had to sell them at a loss of 4. If an article is sold at a gain of say 35 then s p. Of one dozen oranges 5 loss 5 loss 5 of 5 5 100 x 5 s p. If an article is sold at a loss of say 35 then s p.
Profit and loss is mainly used in finance and business transactions. 2400 cp 1 25 100 cp 2400 1 25 240000 125 1920. Loss percent l. 65 of c p.
Formula sp cp 1 gain x 100 in first case sp 2400. Is greater than s p. Gain rs 1250 rs 200 rs 1450. He had to sell them at a loss of 5.
Loss is the difference between c p and s p if c p. When a person sells two similar items one at a gain of say x and the other at a loss of x then the seller always incurs a loss given by. 135 of c p. Selling price s p the price at which an article is sold is its selling price.
Of one dozen oranges rs 5. Some important profit and loss formulas are. Profit and loss formulas. 1 0 01x where x is the profit loss percent.
A manufacturer sold a product for 2400 and made a profit of 25 in the process.