- Prepare
All Platforms Programming Aptitude Syllabus Interview Preparation Interview Exp. Off Campus - Prime Video
- Prime Mock

- Interview Experience
- Prime VideoNew
- Prime Mock
- Interview Prep
- Nano Degree
- Prime Video
- Prime Mock

# Formulas For Profit And Loss

**Formulas for Profit and Loss Questions**

Important Formulas for Profit and Loss are given here on this page.

**Cost Price** – The price at which a commodity or object is bought at known as Cost Price

**Selling Price** – The price at which the commodity is sold at known as Selling Price

**What is Profit :- **Ex.If a shopkeeper brings a cloth for Rs.100 and sells it for Rs.120, then he has made a profit of Rs.20/-.

**What is Loss:- **If a salesperson has bought a textile material for Rs.300 and he has to sell it for Rs.250/-, then he has gone through a loss of Rs.50/-.

**Formulas for Profit and Loss**

**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.

### Other Important Formulas for Profit and Loss

### 1. C.P in case of gain:

\left (\frac{100}{100 + Gain} \right )\times S.P

### 2. C.P in case of Loss:

\left (\frac{100}{100 – Loss} \right )\times S.P

### 3. S.P in case of Gain:

\left (\frac{100 + Gain}{100} \right )\times C.P

### 4. S.P in case of Loss:

\left (\frac{100 – Loss}{100} \right )\times C.P

### Other Important Formulas

**1. If you sell two items at same selling price “s” first at x% profit and 2nd one at x% loss. Then a loss is incurred always, which is given by**

( \frac{x}{10})^2

**2. Discount Percentage :**

\left ( \frac{Discount}{Marked \: Price} \right )\times 100

**3. Successive discounts:**

If d1% , d2% d3%are successive discounts on marked price,Selling price=marked price \left ( \frac{100-d_{1}}{100}\right )\times \left ( \frac{100-d_{2}}{100}\right )\times \left ( \frac{100-d_{3}}{100}\right )

**Note:**

(a) If there is no discount, the marked price is equal to the selling price

(b) Discount is always calculated on marked price unless otherwise stated.

**Get over 200+ course One Subscription**

Courses like AI/ML, Cloud Computing, Ethical Hacking, C, C++, Java, Python, DSA (All Languages), Competitive Coding (All Languages), TCS, Infosys, Wipro, Amazon, DBMS, SQL and others

- Averages – Questions | Formulas | How to Solve Quickly | Tricks & Shortcuts
- Allegations and Mixtures – Questions | Formulas | How to Solve Quickly | Tricks & Shortcuts
- Ratio and Proportions – Questions | Formulas | How to Solve Quickly | Tricks & Shortcuts
- Simple & Compound Interest – Questions | Formulas | How to Solve Quickly | Tricks & Shortcuts
- Simple Interest – Questions | Formulas | How to Solve Quickly | Tricks & Shortcuts
- Compound Interest – Questions | Formulas | How to Solve Quickly | Tricks & Shortcuts
- Percentages – Questions | Formulas | How to Solve Quickly | Tricks & Shortcuts

**Others**

Shortcut