complete the formula of profit.
Answers
Step-by-step explanation:
The profit or gain is equal to the selling price minus cost price. Loss is equal to cost price minus selling price.
Formulas to Calculate Profit
Formulas to Calculate ProfitFormula for Profit Profit = S.P – C.P.
Formulas to Calculate ProfitFormula for Profit Profit = S.P – C.P.Formula for Profit Percentage Profit Percent Formula = \frac{Profit\times100}{C.P.}
Formulas to Calculate ProfitFormula for Profit Profit = S.P – C.P.Formula for Profit Percentage Profit Percent Formula = \frac{Profit\times100}{C.P.}Gross Profit Formula Gross Profit = Revenue – Cost of Goods Sold
Formulas to Calculate ProfitFormula for Profit Profit = S.P – C.P.Formula for Profit Percentage Profit Percent Formula = \frac{Profit\times100}{C.P.}Gross Profit Formula Gross Profit = Revenue – Cost of Goods SoldProfit Margin Formula Profit Margin = \frac{Total\;Income}{Net\;Sales}
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