Profit & Loss

Fast trick to solve the profit and loss.

Formula for profit and loss-


S.P. = C.P.(100± %) / 100       ( where + for profit % and - for loss %)

Profit or Loss % = (Profit or Loss / C.P.) * 100      


Example-

A men buy a radio for Rs. 600 and sell it for Rs. 900. Find its profit.

Putting the value in formula-

S.P. = C.P.(100 ± P%) / 100

900 = 600 (100 ± P%) / 100

900 * 100 / 600 = (100 ± P%)

150 = (100 ± P%)

150 - 100 = P%

50 = P%

Profit % will Be 50%.