Formulas For Profit And Loss
Profit and Loss Formulas
Cost Price – It is basically the price at which a commodity or object is bought at. e.g. Shopkeeper buying Sugar from Farmer to sell in his grocery store. In its short form it is denoted as C.P.
Selling Price – The price at which the commodity is sold at. e.g. Shopkeeper selling sugar to his customer. In its short form is denoted as S.P.
Gain or Profit – If Cost Price is lesser than Selling Price, gain is made.
Loss – If Cost price is greater than the Selling price, Loss is incurred.
- Read Also : Tips & Tricks to solve profit and loss.

Formulas for Profit and Loss
- Profit or Gain: SP – CP
- Loss – CP – SP
- Percentage Profit or Gain Percentage –
Gain x 100 C.P. - Loss Percentage –
Loss x 100 C.P. - C.P in Case of Gain =
(100) x S.P. (100 + Gain) - C.P in Case of Loss =
(100) x S.P. (100 – Loss) - S.P in Case of Gain =
(100 + Gain) x C.P. (100) - S.P in Case of Loss =
(100 – Loss) x C.P. (100) - If you sell two same items, first at x% profit and 2nd one at x% loss. Then a loss is incurred always, which is given by = (x/10)2
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