Important profit and loss formulas
Profit = SP – CP |
Loss = CP – SP |
Profit% = ProfitCP × 100 |
Loss% = LossCP × 100 |
SP = (100 + Profit%100) × CP |
CP = (100100 + Profit%) × SP |
SP = (100 – Loss%100) × CP |
CP = (100100 – Loss%) × SP |
Discount = MP – SP |
SP = MP – Discount |
MP = SP + Discount |
SP = (100 – Discount%100) × MP |
MP = (100100 – Discount%) × SP |
SP = (100 – d1100) (100 – d2100) (100 – d3100) × MP |
Single discount as percent = MP – SP |
Abbreviations:
SP ⇒ selling price
CP ⇒ cost price
MP ⇒ marked price
d ⇒ discount
d1 ⇒ first discount %age
d2 ⇒ second discount %age
d3 ⇒ third discount %age