Question

2) The formula of loss percent is​

Answer 1

$\frac{Loss}{C.P} \times 100 = Loss \: \%\:$

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Answer 2

Answer:

Loss % = (loss/ CP × 100) %.

Step-by-step explanation:

Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product. The important terms covered here are cost price, fixed, variable and semi-variable cost, selling price, marked price, list price, margin, etc.