5.4 C
New York
Wednesday, March 29, 2023

Formulation of Revenue and Loss

Formulation of revenue and loss are given beneath.

When the Promoting Value (SP) is larger than Price Value (CP) the person makes a Revenue or Achieve.

Promoting Value (SP) > Price Value (CP) → Revenue or Achieve

Revenue = Promoting Value (SP) – Price Value (CP)

If revenue % is required to seek out then,

Revenue % = (Revenue/Price Value) × 100

When the Promoting Value (SP) is lower than Price Value (CP) the person suffers a Loss.

Promoting Value (SP) < Price Value (CP) → Loss

Loss = Price Value (CP) – Promoting Value (SP)

Relying on the formulation of revenue and loss allow us to contemplate some examples:

1. Mr. Smith purchased a guide for \$ 85 and bought it for bought it for \$ 115. Discover his revenue or loss p.c.

Price Value (CP) = \$ 85;

Promoting Value (SP) = \$ 115

Since SP > CP,

Due to this fact, Mr. Smith makes a revenue.

Revenue = Promoting Value (SP) – Price Value (CP)

= 115 – 85

= \$ 30

Due to this fact, revenue % = (Revenue/Price Value) × 100

= (30/85) x 100

= 35.29 %

Solutions: 35.29 %

2. Mr. Brown purchased a TV for \$ 5800 and bought it for bought it for \$ 7000. Discover his revenue or loss p.c.

Price Value (CP) = \$ 5800;

Promoting Value (SP) = \$ 7000

Since SP > CP,

Due to this fact, Mr. Brown makes a revenue.

Revenue = Promoting Value (SP) – Price Value (CP)

= 7000 – 5800

= \$ 1200

Due to this fact, revenue % = (Revenue/Price Value) × 100

= (1200/5800) x 100

= 20.69 %

Solutions: 20.69 %

3. Robert purchased pencils for \$ 150.As they have been of unhealthy high quality, he needed to promote them for \$ 127. Discover his loss or acquire p.c.

Price Value (CP) = \$ 150,

Promoting Value (SP) = \$ 127

Since SP < CP,

Due to this fact, Robert suffers a loss.

Loss = Price Value (CP) – Promoting Value (SP)

= 150 – 127

= \$ 23

Due to this fact, loss % = (Loss/CP) × 100

= (23/150) × 100

= 15.33%

Solutions: 15.33 %

4. Jack purchased a pairs of blouse for \$ 125 and bought them for \$ 108. Discover his loss or acquire p.c.

Price Value (CP) = \$ 125,

Promoting Value (SP) = \$ 108

Since SP < CP,

Due to this fact, Jack suffers a loss.

Loss = Price Value (CP) – Promoting Value (SP)

= 125 – 108

= \$ 17

Due to this fact, loss % = (Loss/CP) × 100

= (17/125) × 100

= 13.6 %

Solutions: 13.6 %

Revenue and Loss.

Formulation of Revenue and Loss.

To search out Price Value or Promoting Value when Revenue or Loss is
given.

Worksheet on Revenue and Loss.

Did not discover what you have been in search of? Or wish to know extra data
Math Solely Math.
Use this Google Search to seek out what you want.