Rapid Revision for CSIR NET Part A: Formula Sheets on Profit & Loss - Check Here!!!

By Renuka Miglani|Updated : February 20th, 2023

CSIR NET Part-A Formula Sheet: During the preparation, the candidates study different formulas to solve problems, but at the last moment, these formulas might not be remembered by the candidates due to exam fear or pressure. We at BYJU'S Exam Prep do not want our students to lag anywhere during the preparation, so we have come up with a concept of a Formula Sheet that will help them revise the important formulas at the last moment. This formula sheet will be a short revision tool and contain only important formulas that need to be studied at the last minute to boost the score. Our experienced subject-matter experts have meticulously designed this CSIR NET General Aptitude Formula Sheet to provide you with the best authentic material. 

In this article, we will cover the CSIR NET General Aptitude Most Important Formulas of Profit & Loss. Aspiring candidates can check all the most important formulas of Profit & Loss for the last minute revision. Scroll down the full article!


Most Important Formulas of Profit & Loss

The Profit and Loss formula sheets is used in mathematics to determine the price of a particular commodity in the market and analyze how profitable our business would be. Every product or commodity has a cost price and a selling price. Based on these values, we calculate the profit percentage or the loss incurred for a particular product. The important terms covered here in this article are, cost price, fixed, variable and semi-variable cost, selling price, marked price, list price, margin, etc. Also, we will learn the profit and loss percentage here.

Most Common Formulas


Cost Price (CP)


Selling Price (SP)

  • SP = CP + Profit Margin

Marked Price Formula (MP)


Profit and Loss Formulas



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