To find CP when SP and gain or loss are given. Thus the selling price is Rs 1050 if the profit is 50 of the cost price. Practice Sums related to above profit and loss formulas.
Profit percentage is similar to markup percentage when you calculate gross margin.
Loss Cost Price Selling Price. Profit and loss formulas for calculating profit and loss. So the profit percentage of the shopkeeper will be 25 20 100 125 100 125. Rs 350 SP - Rs 700.
