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  • Mind Map Money

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    vaibhav
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    This document provides formulas for calculating profit and loss from cost price (CP), selling price (SP), and purchase price for transactions involving money conversion between rupees and paise. It shows that profit is calculated as selling price minus cost price, loss as cost price minus selling price, and profit/loss percentages use the cost price as the denominator in the calculation.

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    This document provides formulas for calculating profit and loss from cost price (CP), selling price (SP), and purchase price for transactions involving money conversion between rupees and paise. It shows that profit is calculated as selling price minus cost price, loss as cost price minus selling price, and profit/loss percentages use the cost price as the denominator in the calculation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    17 views1 page

    Mind Map Money

    Uploaded by

    vaibhav
    This document provides formulas for calculating profit and loss from cost price (CP), selling price (SP), and purchase price for transactions involving money conversion between rupees and paise. It shows that profit is calculated as selling price minus cost price, loss as cost price minus selling price, and profit/loss percentages use the cost price as the denominator in the calculation.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    CP/SP/PROFIT/LOSS

    CONVERSION OF MONEY

    1 RUPEE = 100 PAISA


    COST PRICE (CP)
    1 PAISA = 1/100 RUPEE
    PURCHASE PRICE

    SELLING PRICE (SP)


    MONEY SALES PRICE

    FORMULAS PROFIT
    SP > CP
    SP = PROFIT + CP = CP – LOSS
    CP = SP – PROFIT = SP + LOSS
    PROFIT = SP – CP
    LOSS
    LOSS = CP - SP CP > SP
    PROFIT % = PROFIT/CP X100
    LOSS % = LOSS/CP X 100

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