Selling Price Formula
Using the selling price formula, we can calculate the selling price, which is the amount customer pays to buy some product. Comparing the selling price and cost price of any articles, we can find the profit or loss incurred in the transaction Let us understand the selling price in detail in the following sections.
What is the Selling Price Formula?
The selling price formula finds application while calculating the price for selling an article on a particular cost or the profit or loss incurred in a transaction. Selling prices can be calculated by using different selling price formulas,
Formula 1: Selling price formula using gain percentage is given as,
SP = {(100 + Gain%)/100} x CP
Formula 2: Selling price formula using loss percentage is given as,
SP = {(100 – Loss%)/100} x CP
Formula 3: Selling price formula using cost price and profit is given as,
SP = CP + Profit
Formula 4: Selling price formula using CP and loss is given as,
SP = CP – Loss
where,
 CP is the cost price and,
 SP is the selling price
Let us have a look at a few solved examples to understand the selling price formula better.

Example1: Ryan buys a calculator for $720 and sells it at a loss of 6(2/3)%. For how much does he sell it?
Solution: To find: Selling Price of the calculator.
CP= $720
Loss= 6(2/3)% =20/3% (given)
Using selling price formula,
SP = {(100 – Loss %)/100} x CP
Put the values,
SP = {(10020/3)/100}*720
SP = {280/300}*720
SP = {28}*24
SP = 672
Answer: The selling price of the calculator is $672.

Example 2: James bought a $600 bicycle and sold it at a profit of $100. Using the selling price formula, find the selling price of the bicycle.
Solution: To find: The selling price of the bicycle.
CP = $600, Profit = $100(given)
Using selling price formula,
SP = CP + Profit
Put the values,
SP = 600 + 100
SP = 700
Answer: The selling price of the bicycle is $700.