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# Percentage Profit Loss, Commercial Mathematics, Assignment Help

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mathematics - Percentage Profit Loss, Commercial Mathematics,

**Commercial mathematics**

** ****Percentage:** A fraction with its denominator 100 is equal to that per cent as is the numerator.** **

**Rate percent**: By A × per cent, we mean × hundredths × per cent is written as x%.** **

**Mathematically: **

x% = × hundredths = X/100** **

**Cost price:** The amount paid to purchase an article is called its cost price (C. P.).

Overhead expenses like cartage, labour charges, taxes, etc. are also included in the cost price.

**Selling price**: The amount at which an article is sold, is called its selling price (S. P.).** **

**Profit**: If (S.P.) > (C.P.), the seller is said to have a profit or gain and it is equal to (S.P.) - (C.P.)** **

**Loss**: If (S.P.) < (C.P.), the seller has a loss and it is equal to (C.P.) - (S.P.)** **

**Note**: Loss and gain are always reckoned on the cost price.** **

**Gain and Loss Percent**: Gain on Rs. 100 is gain per cent and loss on Rs 100 is loss per cent.

(i) Gain%= (Gain*100)/C.P.

(ii) Loss%= (Loss*100)/C.P.

(iii) S.P = ((100*Gain%)/100)× (C.P)

(iv) S.P = ((100 - Loss%) / 100 )× C.P.

(v) C.P. = 100* S.P. / 100+ Gain%

(vi) C.P. = 100*S.P. / 100-Loss%

**Discount:** The reduction made on the 'marked price' of an article, is called discount or trade discount** **

**Net price**: The price after deducting the discount is called the net price. **Net price** = M.P. - Discount

**Successive discounts**: If two or more discounts are allowed one after the other, then such discounts are known as successive discounts.** **

**Note**: The discount is always considered on the marked price.

**Commercial Mathematics Assignment Help, Calculate Percentage, Profit and Loss**

Expertsmind.com offers commercial mathematics assignment help, profit, loss calculate percentage math homework help and online tutoring from K-12 to college level mathematics. The basic mathematics must be strong while studying in high level mathematics; Expertsmind.com provides the unique and conceptual solution to make clear concepts of commercial mathematics which may help you in solving your math level homework and assignments.

**Commercial mathematics**

**Percentage:**A fraction with its denominator 100 is equal to that per cent as is the numerator.

**Rate percent**: By A × per cent, we mean × hundredths × per cent is written as x%.

**Mathematically:**

**Cost price:**The amount paid to purchase an article is called its cost price (C. P.).

**Selling price**: The amount at which an article is sold, is called its selling price (S. P.).

**Profit**: If (S.P.) > (C.P.), the seller is said to have a profit or gain and it is equal to (S.P.) - (C.P.)

**Loss**: If (S.P.) < (C.P.), the seller has a loss and it is equal to (C.P.) - (S.P.)

**Note**: Loss and gain are always reckoned on the cost price.

**Gain and Loss Percent**: Gain on Rs. 100 is gain per cent and loss on Rs 100 is loss per cent.

**Discount:**The reduction made on the 'marked price' of an article, is called discount or trade discount

**Net price**: The price after deducting the discount is called the net price.

**Net price**= M.P. - Discount

**Successive discounts**: If two or more discounts are allowed one after the other, then such discounts are known as successive discounts.

**Note**: The discount is always considered on the marked price.

**Commercial Mathematics Assignment Help, Calculate Percentage, Profit and Loss**