# Profit and loss

Find the cost price and the profit and loss if the percent of profit and loss is based on cost price, Selling Price P2.34, and the percent of profit is 8 1/3%. Find the profit and cost price.

### Correct answer:

Tips for related online calculators

Need help with mixed numbers? Try our mixed-number calculator.

Our percentage calculator will help you quickly calculate various typical tasks with percentages.

Our percentage calculator will help you quickly calculate various typical tasks with percentages.

#### You need to know the following knowledge to solve this word math problem:

#### Units of physical quantities:

#### Grade of the word problem:

## Related math problems and questions:

- Cost and sell price

A wholesaler sold items at a profit of 20% of the sales, which was a profit of P52.80. What were the cost price and selling price of the item? - The recommended

The recommended price of the novel "Laughing Sun" is 285 SKK. The bookseller bought 60 pieces of the novel at the wholesale store and paid 82% of the recommended price (18% is his profit for selling books). He sold 55 pieces of the novel and sold the rema - Profit gain

If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is: - Profit or loss

A store's owner records disclosed the following information: Sales P21,050, Purchases P24,150, Merchandise inventory P5100.00, Expenses P2200.00. Prepare a profit & loss statement. How is the store owner's profit or loss for the month of December? - Profit statement

A florist's record for the month of July disclosed the following records: Sales P56.350; purchases, P68,700: Merchandise inventory, P10,950 : expenses P2850 ; Prepare the profit & loss statement. What is the profit or loss? - Selling price

Find the selling price. Cost to store: $50 Markup: 10% - The marked

The marked price of the item was P62.50. At a seasonal sale, a discount was given 20% discount, leaving the dealer a profit of 14 2/7 % of the cost of each item. Find the profit and the cost price. - Cost and profit

Find the cost price of an article that was sold for 90.00 at a profit of 20 percent. - The average 4

The average cost price of a car in Ireland is now €26,430, excluding VAT. If VAT is 23%, calculate the actual selling price of a car in 2021. - A merchant

A merchant sold an item for P8520.00 making a profit equal to 1/6 of his selling price. What was the amount of his profit? - Making profit

If I make a profit of 25% on selling a bottle of drink for 85, how much did I buy the drink? - Dealer

Dealer sells digital camera for € 747. Thirty percent of the price was his profit. After some time, decreased interest in selling the camera and reduced its sales price by 11 %. How much percent of the new price now is the dealer's profit? Round the resul - The cost price

Find the cost price of a piano that was sold at $12,000, on which a profit of 20% was made on cost. - Shopping center

The shopping center buys bikes from the manufacturer for 180 €. It sells them for a sale price of 250 €. However, in the advertising for the sale of these goods, the shopping center spent 20% of the selling price of all bicycles in stock. How many bikes d - Cost structure

You are currently trying to decide between two cost structures for your business: one with a greater proportion of short-term fixed costs and another more heavily weighted to variable costs. Estimated revenue and cost data for each alternative are as foll - Loss

A bookstore purchased the biography of a well-known politician from a publisher for R15 per copy, but sales have been very poor. The manager has decided to mark the copies down to R12 each to make a quick sale. Calculate the loss on each book as a percent - A wholesale

A wholesale dealer purchased an item from a manufacturer for P2400 less 25% and 25% and sold the same item for P1620. Find the profit and the percent of the profit on cost.