Please wait...

Aptitude::Profit and Loss

Home > Arithmetic Aptitude > Profit and Loss > Important Formulas

Important Formulas

 

 

Cost Price : The price at which an article is purchased, is called its cost price, abbreviated as C.P.

Selling Price : The price at which an article is purchased, is called its cost price, abbreviated as C.P.

Profit or Gain : The price at which an article is purchased, is called its cost price, abbreviated as C.P.

Loss : If S.Pis less than C.P., the seller is said to have incurred a loss.

1.

Gain = (S.P.) - (C.P.)

2.

Loss or gain is always reckoned on C.P.

3.

gain% = [Gain*100/C.P.]

4.

Loss = (C.P.) - (S.P.)

5.

Loss% = [Loss*100/C.P.]

6.

S.P. = (100+Gain%)/100 * C.P.

7.

S.P. = (100-Loss%)/100 * C.P.

8.

C.P. = 100/(100+Gain%) * S.P.

9.

C.P. = 100/(100-Loss%) * S.P.

10.

If an article is sold at a gain of say, 35%, then S.P. = 135% of C.P.

11.

 

 

 

If an article is sold at a loss of say, 35%, then S.P. = 65% of C.P.