It is simple that if the selling price is increased more then of cost increase then profit will increase but if selling price increased less then cost increased then there will be less profit or selling price increased in same proportion to cost increased then there may be no increase in profit. Besides that there may be so many other reasons for that.
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Selling price is somethng on which the profit depends so its Selling price - Product price = profit
cost price = selling price - profit
Cost Price = Selling Price - Profit Profit = Selling price * profit percentage Example: Selling Price = 10 Profit % = 50% Profit = 10*50/100 = 5 Cost price = 10 - 5 Cost Price = 5
let the cost price =X sell price=cost +profit selling price=x+profit
find cost price if selling price =600 and profit=20%