Now let us find what percent of profit was made by the shopkeeper. 5 SP 2SP 5CP. CP frac 100100P 100m 100n In case of loss CP frac 100100P 100-m 100-n If P and L are equal then PL.
To calculate the percentage profit you need to have the profit itself and the cost price.
Find the loss percent. To calculate the percentage profit you need to have the profit itself and the cost price. You are often asked in maths to give a percentage profit or loss. Using the formula for profit percentage Profit Profit CP 100.