Write formula of finding selling and cost price when profit or loss percent is given. (2024)

FAQs

Write formula of finding selling and cost price when profit or loss percent is given.? ›

To find the selling price (SP) and cost price (CP) when the profit or loss percentage is given, you can use the following formulas: Profit (P) Percentage: If the profit percentage is given, use this formula: SP = CP + (Profit Percentage * CP / 100)

But sometimes, profit percentage/loss percentage is given in the question and we are asked to find either the selling price (S.P.) or the cost price (C.P.). In such cases, the following formulas are helpful. S.P. = {(100 + P%)/100} × C.P.

When the selling price and the cost price of a product is given, the profit can be calculated using the formula, Profit = Selling Price - Cost Price. After this, the profit percentage formula that is used is, Profit percentage = (Profit/Cost Price) × 100.

It is considered a loss for a company's business if the cost price of a product is more than the selling price, but a profit may be made if the cost price of the product is lower than the price at which it is being sold. Loss percentage= Loss/CP x 100.

Calculate Selling Price Per Unit

Divide the total cost by the number of units bought to obtain the cost price. Use the selling price formula to find out the final price i.e.: SP = CP + Profit Margin. Margin will then be added to the cost of the commodity in order to identify the appropriate pricing.

The most common method of calculating EBITDA is to start with your operating profit, also known as EBIT (Earnings Before Interest and Taxes), and then add depreciation and amortization. EBITDA = Net Income + Interest + Taxes + Depreciation + Amortization.

In the case of profit, the selling price is always more than the cost price. Profit = Selling Price - Cost Price. Similarly, in the case of loss, the cost price is more than the selling price. Loss = Cost Price - Selling Price.

Answer: Formula for calculating the profit is given by, Profit = Selling Price – Cost Price.

SP is also one of the critical parameters to calculate the profit or loss of the article. For example, if you go to a shop to buy any item and the shopkeeper prices it at a certain amount, say INR 50, so the INR 50 will be the selling price. The Formula for Selling Price is as follows: SP= CP + Profit.

What is the formula for profit and loss discount? ›

Profit (P%) = (P/CP) × 100. Loss (L%) = (L/CP) × 100. Selling Price (SP) = {(100 + P%)/100} × CP. Selling Price (SP) = {(100 – L%)/100} × CP.

Answer– The formula for Profit is S.P. – C.P. If the selling price is lesser than the cost price, whatever difference you get between the two is the loss suffered. Similarly, Loss is C.P. – S.P.

Calculating profit in Excel can be done using a simple formula. Subtract the total expenses from the total revenue to obtain the profit. You can use the formula "= Total Revenue - Total Expenses" in an Excel cell to calculate the profit.

The formula to calculate total cost is the following: TC (total cost) = TFC (total fixed cost) + TVC (total variable cost).

The sale price can be calculated by subtracting the dollar amount of any discount from the original price. A discount can be calculated by multiplying the percentage of the discount by the original price. In some cases, discounts are given as a dollar amount and don't need to be calculated.

The markup formula becomes: markup = 100 × (revenue − cost) / cost . And finally, if you need the selling price, then try revenue = cost + cost × markup / 100 . This is probably the most common scenario — you know how much you paid for something and your desired markup and, therefore, want to find the sale price.

There are a few other ways to calculate the discount percentage when the percentage is given: Rate of Discount = Discount% = (Discount/Listed Price) ×100. Listed Price = (Selling Price × 100)/ (100−discount %) Discount = Listed Price × Discount Rate.