MATHMATICS FOR BUSINESS

“OUR DIFFICULTY IS NOT IN THE PROOFS BUT IN LEARNING WHAT TO  PROVE”- EMIL ARTIN

maths

MATHMATICS  FOR BUSINESS

PROFIT                           =  SELLING PRICE –   COST PRICE.

LOSS                               =  COST PRICE-SELLING PRICE.

PERCENTAGE PROFIT  =  (ACTUAL PROFIT/COST PRICE)*100.

PERCENTAGE LOSS      =  (ACTUAL LOSS/COST PRICE)*100.

DISCOUNT                      = MARKED PRICE-SELLING PRICE.

IF THE PROFIT IS P% THAN SELLING PRICE =(100+P)% OF COST PRICE.

COST PRICE                    = {SELLING PRICE/(100+P)}*100.

IF THE LOSS  IS P% THAN  SELLING PRICE =(100-P)% OF COST PRICE.

COST PRICE                    = {SELLING PRICE/(100-P)}*100.

A% OF ANUMBER         = NUMBER*(A/100).

SIMPLE INTEREST         = PNR (WHERE P IS PRINCIPAL;N IS PERIOD;R IS RATE).

AMOUNT                        = P+PNR.

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