COST PRICE: THE PRICE AT WHICH ARTICLE IS PURCHASED ABBREVIATED AS 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 INCURRED A LOSS.
FORMULAE:
ü GAIN=(SP)-(CP).
ü LOSS=(CP)-(SP).
§ LOSS OR
GAIN IS ALWAYS RECKONED ON CP
§ GAIN
%={GAIN*100}/CP.
§ LOSS%={LOSS*100}/CP.
§ SP={(100+GAIN%)
/100}*CP.
§ SP={(100-LOSS%)/100}*CP.
§ {100/(100+GAIN%)}
*SP
§ CP=100/(100-LOSS%)}*SP
§ IF THE
ARTICLE IS SOLD AT A GAIN OF SAY 45%, THEN SP =145% OF CP
§ IF A
ARTICLE IS SOLD AT A LOSS OF SAY 45%. THEN SP=55% OF CP.
§ WHEN A
PERSON SELLS TWO ITEMS,ONE AT A GAIN OF X% AND OTHER AT A LOSS OF
X%.THEN THE SELLER ALWAYS INCURS A
LOSS
§ GIVEN:
§ {LOSS%=(COMMON LOSS AND GAIN ) 2}/10.=(X/10) 2
§ IF THE
TRADER PROFESSES TO SELL HIS GOODS AT CP BUT USES FALSE WEIGHTS,THEN
GAIN=[ERROR/(TRUE
VALUE)-(ERROR)*100]%
COST PRICE: THE PRICE AT WHICH ARTICLE IS PURCHASED ABBREVIATED AS 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 INCURRED A LOSS.
FORMULAE:
ü GAIN=(SP)-(CP).
ü LOSS=(CP)-(SP).
§ LOSS OR
GAIN IS ALWAYS RECKONED ON CP
§ GAIN
%={GAIN*100}/CP.
§ LOSS%={LOSS*100}/CP.
§ SP={(100+GAIN%)
/100}*CP.
§ SP={(100-LOSS%)/100}*CP.
§ {100/(100+GAIN%)}
*SP
§ CP=100/(100-LOSS%)}*SP
§ IF THE
ARTICLE IS SOLD AT A GAIN OF SAY 45%, THEN SP =145% OF CP
§ IF A
ARTICLE IS SOLD AT A LOSS OF SAY 45%. THEN SP=55% OF CP.
§ WHEN A
PERSON SELLS TWO ITEMS,ONE AT A GAIN OF X% AND OTHER AT A LOSS OF
X%.THEN THE SELLER ALWAYS INCURS A
LOSS
§ GIVEN:
§ {LOSS%=(COMMON LOSS AND GAIN ) 2}/10.=(X/10) 2
§ IF THE
TRADER PROFESSES TO SELL HIS GOODS AT CP BUT USES FALSE WEIGHTS,THEN
GAIN=[ERROR/(TRUE
VALUE)-(ERROR)*100]%