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Profit & Loss

CP-SP shortcuts, discount calculations, marked price problems

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Master profit, loss, discount and marked price with real examples.

CP (Cost Price) - Price at which article is bought

SP (Selling Price) - Price at which article is sold

MP (Marked Price) - Price written on article (before discount)

Remember: Always calculate % on CP, not SP!

Formula:

Profit = SP - CP, Loss = CP - SP

Example:

CP=100, SP=120. Find profit.

Profit = 120-100 = ₹20. Profit% = (20/100)×100 = 20%