R S Aggarwal Solutions for Chapter: Profit and Loss, Exercise 3: TEST PAPER-11

Loss $=$ CP $-$ _____. [MP / SP / Discount]

$\mathrm{CP} =\frac{100\times \mathrm{SP}}{x+\mathrm{Gain}\%}$, where $x=$ _____

Profit or loss is always reckoned on _____

$\frac{100}{\left(100-\mathrm{loss}\%\right)}\times \mathrm{SP}=$_____

Loss is reckoned on selling price.

Gain is reckoned on cost price.
 

$\mathrm{CP}=\frac{100\times \mathrm{SP}}{(100-\mathrm{loss}\%)}.$

$\mathrm{Loss}=\left(\mathrm{CP}\right) -\left(\mathrm{SP}\right)$