Quantitative Aptitude Important Formulas Logical Reasoning General Knowledge of MP General Knowledge of India

Quantitative Aptitude Important Formulas

Profit and Loss - Important Formulas,Tricks and Examples

Cost Price (CP)= The price at which you buy
Selling Price (SP)= The price at which you sell
Marked Price (MP)= The price which is mentioned

In case of profit or gain (i.e., if SP > CP),
Profit = SP - CP
Profit% = ((SP - CP)* 100)/CP = (Profit* 100)/CP

In case of loss (i.e., if SP < CP),
Loss = CP - SP
Loss% = ((CP - SP)* 100)/CP = (Loss * 100)/CP

If two articles are sold at the same price with a profit of x % on one and a loss of x % on the other, the net loss % = (x²/100)%

If two articles bought at the same price are sold with a profit of x % on one and a loss of x % on the other, then overall there will be No Profit No Loss

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