Dear learners, you might be searching for the formula for profit and loss, discount, and vat. The important formula is given below

1. Profit = SP-CP

2. Loss = CP-SP

3. Profit Percent = (Actual profit ÷ CP) × 100%

4. Loss Percent = (Actual Loss ÷ CP) × 100%

5. SP = CP+ P% of CP

6. SP = CP- L% of CP

7. CP= (SP×100) ÷(100 +P %)

8. CP= (SP×100) ÷(100 -L %)

The Formula for Discount and VAT are Given Below

1. SP after discount = MP- Discount

2. Discount amount = MP- SP Or, Discount Percent of MP

3. Discount Percent = (Discount ÷ MP) × 100%

4. VAT amount = VAT% of SP Or, SP with VAT- SP without VAT

5. SP with VAT = SP+ VAT.

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