# Calculate Selling Price using Cost and Loss Percent – Formula, Worked Out Problems

The amount of a thing that can be sold is known as the Selling Price. It is denoted by SP. Also, the Selling Price is also called the sale price. The selling price can be calculated when the Cost price and Loss Percent are given. Solve all the given related to Selling price problems to get a complete grip on the concept. Also, check out the given explanation of problems to find the Selling Price using Cost and Loss Percent in the later modules.

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## How to Calculate Selling Price Using Cost and Loss Percent?

Follow the complete process to find out the Selling Price Using Cost and Loss Percent. Also, know the Cost Price Formula to solve all the problems easily.

1. Note down the Cost Price and Loss Percent.
2. Write Down the Selling Price Formula.
3. Substitute the Cost Price and Loss Percent in the Selling Price Formula.
4. Finally, find out the Selling Price Using Cost Price and Loss Percent.

### Selling Price Formula when Cost and Loss Percent are Known

You can use the below formula to find the Selling Price of a product when you know the Cost and Loss Percent of that product. The formulas for Selling Price Formula when Cost and Loss Percent Known are

• Selling price = cost price – loss
• Selling price = cost price – loss% Ã— cost price/100
• Selling price = 100 Ã— cost price – loss% Ã— cost price/100
• Selling price = (100 – loss%)cost price/100, [Here, cost price and loss% are known.]

### Solved Examples to Find Selling Price using Cost and Loss Percent

1. Sam bought a dress for $250 and sold it to Olivia thereby suffering a loss of 10%. Find the selling price of the dress? Solution: Given that Sam bought a dress for$250 and sold it to Olivia thereby suffering a loss of 10%.
The cost price = $250 Loss Percentage = 10% We know that selling price = (100 – loss%) cost price/100 Substitute the cost price and the loss% in the above formula. Selling price = (100 – 10)250/100 Selling price = 90 Ã— 250/100 The Selling price =$22500/100 = $225 Therefore, the Selling price of the dress is$225

2. Alex bought a laptop for $600 and sold it to Jack thereby suffering a loss of 12%. Find the selling price of the laptop? Solution: Given that Alex bought a laptop for$600 and sold it to Jack thereby suffering a loss of 12%.
The cost price = $600 Loss Percentage = 12% We know that selling price = (100 – loss%) cost price/100 Substitute the cost price and the loss% in the above formula. Selling price = (100 – 12)600/100 Selling price = 88 Ã— 600/100 The Selling price =$52800/100 = $528 Therefore, the Selling price of the dress is$528

3. By selling a table for $630, Daisy loses 7%. At what price must she sell it to gain 10%. Solution: Given that By selling a table for$630, Daisy loses 7%.
Given that the selling price = $630 Loss % = 7% We know, cost price = selling price Ã— 100/100 – loss% Substitute the selling price and the loss% in the above formula. Therefore, cost price = 630 Ã— 100/(100 – 7) = 630 Ã— 100/93 =$677.41
Now cost price = $677.41 Gain% = 10% Therefore, selling price = (100 + gain%)cost price/100 = (100 + 10)677.41/100 = 110 Ã— 6.77 =$744.7

At \$744.7 price she can sell it to gain 10%.

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