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One important formula is:
Cost * (1 +/- profit/lose %) = selling price
if no cost price and just have lose% and the selling price
how can I find the lose?
Let C be the cost, r be the lose % and S be the selling price.
C * (1-r) = S
C = S/(1-r)
The lose is C - S
= S/(1-r) - S
= S [1/(1-r) - 1]
= S [(1-1+r)/(1-r)]
= rS/(1-r)
A is sold at a profit of 20%.
if the cost price is decrease by4%
and the selling price is still the same ,
then the owner will gain how many percent more?
Let C be the original cost, and S be the selling price.
C * (1+20%) = S
1.2C = S --- [1]
Let D be the new cost, and r be the new profit %.
D = C*(1-4%)
= 0.96C --- [2]
D * (1+r) = S --- [3]
Put [1] & [2] into [3]
0.96C * (1+r) = 1.2C
0.96 + 0.96r = 1.2
r = 0.25 = 25%
A sells his goods to B at a profit of 25%.
B sells it to C at a loss f 25%.
if C buy it at75,find the difference of A's cost price and C's cost price.
Let X be the cost of the goods.
As A sold the goods to B at a profit of 25%,
the price that A sold his goods to B = X (1+25%) = 1.25X
Then B sold it to C at a loss of 25%,
the price that B sold his goods to C = 1.25X (1-25%) = 0.9375X
Since C but it at 75, therefore 0.9375X = 75
X = 80
The difference of A's cost price and C's cost price = 80 - 75 = $5