How to Calculate Profit on Selling Price?

  • Thread starter Thread starter Amith2006
  • Start date Start date
  • Tags Tags
    Calculation
AI Thread Summary
To calculate the profit percentage on the selling price (SP) when a profit of 25% is made on the cost price (CP), first understand that profit (P) is defined as SP minus CP. Given that P is 25% of CP, the relationship can be expressed as P = 0.25 * CP. To find the profit percentage on SP, one must determine what percentage P represents of SP. By substituting values or using algebra, the calculation can clarify the relationship between profit, cost price, and selling price.
Amith2006
Messages
416
Reaction score
2

Homework Statement


A PROFIT OF 25 is MADE on THE COST PRICE OF an ARTICLE. WHAT is THE PROFIT  on THE SELLING price of the ARTICLE?


Homework Equations




The Attempt at a Solution


I think Something is wrong with the question. could Someone Understand the question? A profit is made on C.P. That must BE the selling price. Now, what DO mean by profit  on S.P?
 
Physics news on Phys.org
the squares represent PERCENTILE.
 
Ok, CP=cost price, SP=selling price. Hence, profit P=SP-CP, right? You are given that P is 25% of CP, I think. Then I believe they are asking what percentage is P of SP. Did I get that right? I'm not an expert at finance. Then do the algebra. If it gets confusing just make up some real numbers that fit the assumptions and do it with them.
 
got ur point. thanx.
 

Thread 'Family of lines that are at a distance of 5 from the origin'

I picked up this problem from the Schaum's series book titled "College Mathematics" by Ayres/Schmidt. It is a solved problem in the book. But what surprised me was that the solution to this problem was given in one line without any explanation. I could, therefore, not understand how the given one-line solution was reached. The one-line solution in the book says: The equation is ##x \cos{\omega} +y \sin{\omega} - 5 = 0##, ##\omega## being the parameter. From my side, the only thing I could...
View full post »

Thread 'Making the denominator of a certain fraction real'

Essentially I just have this problem that I'm stuck on, on a sheet about complex numbers: Show that, for ##|r|<1,## $$1+r\cos(x)+r^2\cos(2x)+r^3\cos(3x)...=\frac{1-r\cos(x)}{1-2r\cos(x)+r^2}$$ My first thought was to express it as a geometric series, where the real part of the sum of the series would be the series you see above: $$1+re^{ix}+r^2e^{2ix}+r^3e^{3ix}...$$ The sum of this series is just: $$\frac{(re^{ix})^n-1}{re^{ix} - 1}$$ I'm having some trouble trying to figure out what to...
View full post »

Similar threads

Selling price for an item with a markup and discount
Replies
14
Views
2K
Solving a 20% Profit Problem: Bernie's Bargain Basement
Replies
9
Views
4K
Profit / loss trading calculator for share market historical data
Replies
1
Views
3K
How to solve a percentage word problem for profit?
Replies
15
Views
2K
Calculating the expected value for a probability
Replies
7
Views
2K
How Does Car Type and Investment Limit Affect Dealership Profit Maximization?
Replies
6
Views
2K
Calculating a "fixed profit" on inventory
Replies
8
Views
1K
MHB Calculate Selling Price for Cucumbers inc. VAT (42% Profit Margin)
Replies
1
Views
2K
Marketing Research (Cost, Revenue, Etc.)
Replies
11
Views
5K
MHB What Is the Profit Percentage After Adjusting Travel Costs and Sale Gains?
Replies
1
Views
2K

Hot Threads

Recent Insights

Back
Top