All the problems on profit and loss can be reduced to a single step that can be solved directly using the formula SP. The Formula for Profit and Loss are given below. Formula for Calculating Percentage Gain or Loss text Investment percentage gain frac text Price sold - text purchase price text purchase price times 100 Investment percentage.
Loss CP - SP III.
Thus when SP CP then there is a loss. To calculate the percentage profit you need to have the profit itself and the cost price. The formula to calculate the amount of loss is. CP SP The formula for loss percentage is given by.