Learn essential profit and loss formulas with detailed examples, including calculating profit percentages, cost prices, selling prices, and more. Understand how to determine profit or loss percentages based on cost and selling prices.

Learn essential profit and loss formulas and concepts, including calculating profit percentage, selling price, and cost price. Explore practical examples to understand how to solve profit and loss problems effectively.

The chapter discusses how Chaman calculates the profit percentage needed to achieve a total of 20% profit on the sale of remaining fans after selling 40 fans at a 10% profit. It also explains how Suman determines the selling price of each chocolate after giving 25% to Rakesh at cost price.

Ramesh sold a statue for a price 25% higher than the original price, having bought it at a 20% discount. By solving for the original price using the given profit amount, the original price of the statue is calculated to be 4500 rupees.

Explains how to calculate profit and ratios in book selling scenarios where a shopkeeper earns a 15% profit after offering a 20% discount on the printed price. Demonstrates the calculation of cost price to printed price ratio and profit percentage based on selling price.

Explains how to calculate profit and loss percentages using simple examples. Demonstrates the concept by assuming arbitrary values for cost price and selling price, making it easy to understand.