Question

explain the lesson profit and loss of class 7th​

Answer 1

Answer:

profit is =

Step-by-step explanation:

may be we buy one car 10000 rs and sell that car 20000 so we have profit of 10000 rs

Answer 2

profits: If selling prices (Sp)- costs

prices (Cp), profit occurs.

profits = SP-CP

Loss = if cost prices (Cp) - selling

prices Sp, loss occurs .

Loss = CP-SP

Profits % = (profit/cp × 100) %

or ( (Sp-Cp)/Cp × 100) %

Loss% = (loss/Cp × 100 ) %

or ( (Cp- Sp) / Cp × 100) %