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Profit = 20% of loss

ð 1060 - C.P. = 120/100 (C.P. - 950)

ð C.P. = 1000

ð S.P. = 120/100 x 1000

ð 1200 ans.

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How do you find cost price if profit percent and selling price is given?

find cost price if selling price =600 and profit=20%


What is profit and loss in mathematics?

Profit or Loss is always calculated on the cost price.Cost price (C.P.): price on which an item is purchased.Selling price (S.P.): price on which an item is sold.Profit: If the selling price is more than the cost price, the difference between them is the profit incurred. Selling Price (SP) > Cost Price (CP) &rarr; ProfitLoss: If the selling price is less than the cost price, the difference between them is the loss incurred. Selling Price (SP) < Cost Price (CP) &rarr; Loss


What is the definition of profit and loss in mathematics?

Profit:If the selling price(S.P.)of an article is greater than the cost price(C.P.), the difference between the selling price and cost price is called a profit. loss:If the selling price (S.P.) of an article is less than the cost price(C.P.),the difference between the cost price and selling price is called loss.


A percent of the cost of an item added onto the item's cost?

Mark-up, it is not profit. Profit must account for other fixed costs associated with selling


How do you calculate cost price if we know the selling price and profit percent?

What I do is organize it as follows... Cost Price = 100% Selling Price = 100% + profit percent Then you can fill in the variables and cross multiply, for example if you know the selling price is $27 and the profit percent is 10% then you can fill it in accordingly... Cost Price = 100% $27 = 100 + 10 l l \/ Cost Price = 100% $27 = 110% Then you do ($27 x 100%) / 110 to get $24.55. That means that the Cost price is $24.55

Related Questions

Find the selling price of an article costing rs.30that was sold at a profit of 15 percent of the cost price?

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How do you find cost price if profit percent and selling price is given?

find cost price if selling price =600 and profit=20%


What is profit and loss in mathematics?

Profit or Loss is always calculated on the cost price.Cost price (C.P.): price on which an item is purchased.Selling price (S.P.): price on which an item is sold.Profit: If the selling price is more than the cost price, the difference between them is the profit incurred. Selling Price (SP) > Cost Price (CP) &rarr; ProfitLoss: If the selling price is less than the cost price, the difference between them is the loss incurred. Selling Price (SP) < Cost Price (CP) &rarr; Loss


An article bought for 125 was sold for 175 what percent was the profit?

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What is the definition of profit and loss in mathematics?

Profit:If the selling price(S.P.)of an article is greater than the cost price(C.P.), the difference between the selling price and cost price is called a profit. loss:If the selling price (S.P.) of an article is less than the cost price(C.P.),the difference between the cost price and selling price is called loss.


The store made a 60 profit on the 180 selling price of the coat What was the store's profit?

I assume your question is 60 percent profit on 180 selling price. The store cost is x, and the profit is 0.60x; the selling price is 180, then x + .60x = 180 1.6 x = 180 x x = 112.50 = cost .60x = 67.50 = PROFIT


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Calculate selling price when cost and profit percent is geven?

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The average retail profit margin is around 8 percent. Retail makes their profits by selling large quantities of product.


A percent of the cost of an item added onto the item's cost?

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