ThePrismSolutions

ThePrismSolutions

PROFIT & LOSS

COST PRICE:

THE PRICE AT WHICH ARTICLE IS PURCHASED. IS C.P.

SELLING PRICE:

THE PRICE AT WHICH ARTICLE IS SOLD.

PROFIT OR GAIN:

IF SP IS GREATER THAN CP,THE SELLING PRICE IS SAID TO HAVE PROFIT OR GAIN.

LOSS:

IF SPIS LESS THAN CP,THE SELLER IS SAID TO INCURED A LOSS.

FORMULA

1.GAIN=(SP)-(CP)

2.LOSS=(CP)-(SP)

3.LOSS OR GAIN IS ALWAYS RECKONED ON CP

4. GAIN %={GAIN * 100}/CP.

5.LOSS%={LOSS*100}/CP

6.SP={(100+GAIN%) /100}*CP

7.SP={(100-LOSS%)/100}*CP

8.{100/(100+GAIN%)} *SP

9.CP=100/(100-LOSS%)}*SP

10.IF THE ARTICLE IS SOLD AT A GAIN OF SAY 45%, THEN SP =145% OF CP

11.IF A ARTICLE IS SOLD AT A LOSS OF SAY 45%. THEN SP=55% OF CP

12.WHEN A PERSON SELLS TWO ITEMS,ONE AT A GAIN OF X% AND OTHER AT A LOSS OF X%.THEN THE SELLER ALWAYS INCURES A LOSS GIVEN:

LOSS%=(COMON LOSS AND GAIN ) 2/100.=(X/10) 2

13.IF THE TRADER PROFESSES TO SELL HIS GOODS AT CP BUT USES FALSE WEIGHTS,THEN

GAIN=[ERROR/(TRUE VALUE)-(ERROR)*100]%


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