For Example
If an article is sold at gain of 27%, then by using first formula , you can find that S.P. is 127% of C.P.
Similarly, If an article is sold at loss of 18%, then by using second formula , you can find that S.P. is 82% of C.P.
6) If a person sells two commodities at same prices. On one he gains x% and loses x% on another, then as a whole he will be in loss and the loss percentage will be equal to:
Note: Here is an example to find gain in case of dishonesty.
Problem 1: A dishonest dealer professes to sell his goods at cost price but he uses a weigh 960 grams for 1 kg. How too calculate gain percentage?
Solution:
