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Saturday 28 April 2018

Formula for Profit and Loss, Discount and VAT

Profit and Loss

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 in %)
8. CP= (SP×100) ÷(100 -L in %)

Discount and VAT

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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18 comments:

  1. Replies
    1. What is the formula to calculate vat rate when no and discount% is given ? Please

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  2. What is the formula of sp without vat

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  3. unt and VAT
    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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  4. what is the formula for sp without vat... ?????

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  5. what is the formula to find vat percent

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  6. The labeled price of an article is 2500. If 40% discount is allowed and then 13% vat is charged, Find the selling price of the article with Vat

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  7. What is the relation between SP with vat, discount percent and vat percent?

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  8. What is the formula of sp vat

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  9. What is the formula of rate of vat

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    Replies
    1. Rate of VAT means VAT%......so the formula for vat% = VAT/S.P*100%

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  10. What is the formula of vat percent?

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  11. What is the formula of bill amount if mp discount% and vatis given

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  12. MP=1500
    Vat=10%
    Sp=?
    If discount is not allowed please give me this type of question's formula is

    ReplyDelete