formula for calculating s. p. when c. p. and profit is given?
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formula for calculating s. p. when c. p. and profit is given?
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Step-by-step explanation:
Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).