As it is clear that SP. Profit formula is used to know how much profit has been made by selling a particular product. SP 100 P100 x CP.
If Profit is given then selling price will be.
Profit formula is used to know how much profit has been made by selling a particular product. Then Profit Rs 20. Hence the cost of the scooter Rs 15000. Ie 20 means the firm has generated a net profit of 20 for every 100 sale.