Formula for profit and loss % -

S.P. = M.P.( 100 - % ) / 100

Example-

A rice cooker price at Rs '624' is sold at a discount of '33%' .Find the selling price of the cooker ?

Putting the value in formula-

S.P. = M.P.( 100 - % ) / 100

S.P. = 624 ( 100 - 33) / 100

S.P. = 624 * 67 / 100

S.P. = 41808 / 100

S.P. = 418.08

Selling price of the cooker Rs. 418.08.