Profit the ratio of gain to the amount

invested the returns or proceeds from

the amount invested
Cost Price the amount at which the
goods are bought
Selling Price the price at which the
goods are sold

Discount = Marked Price x rate of

discount
Marked Price = Discount / Rate of
discount
Rate of discount = Discount / Marked
Price
Commission the amount received for
buying or selling something on behalf of
another person

Profit means Selling Price > Cost Price

Profit % = Gain
Cost
Profit = selling price cost price
Profit = Selling Price Cost Price
Selling Price = Cost Price + Profit
Cost Price = Selling Price Profit
Profit = Cost Price x Profit %
Cost Price = Profit / Profit %
Profit % = Profit / Cost Price
Loss failure to gain
Cost Price > Selling Price
Loss

Loss % = Cost

Loss = Cost Price - Selling Price

Selling Price = Cost Price - Loss
Cost Price = Selling Price + Loss
Loss = Cost Price x Loss %
Cost Price = Loss / Loss %
Loss % = Loss / Cost Price
Discount a reduction in price
Marked Price original price (list price,
tag price)
Selling Price a price with a discount
Discount = Marked Price Selling Price
Selling Price = Marked Price - Discount
Marked Price = Selling Price + Discount

Gross Proceeds = total sales

Net Proceeds = the amount turned over
to the owner
Commission = Total Sales x Rate of
Commission
Commission= Gross Proceeds Net
Proceeds
Commission = Total Sales Net
Proceeds
Net Proceeds = Total sales - Commission
Total Sales = Commission + Net
Proceeds
Commission = Total Sales x rate of
commission
Total Sales = Commission / Rate of
Commission
Rate of commission = Commission /
Total Sales
Simple Interest
Amount Due = Principal + Interest
Interest = Amount Due - Principal
Principal = Amount Due - Interest
Interest = Principal x Rate of interest x
Time
Principal = Interest / (rate of interest x
time)
Time = Interest/ (Principal x Rate of
interest)
Rate of Interest = Interest/ (Principal x
Time)