Question

हाउ टू फाइंड आउट profit or loss​

Answer 1

Answer:

To calculate the accounting profit or loss you will:

add up all your income for the month

add up all your expenses for the month

calculate the difference by subtracting total expenses away from total income

and the result is your profit or loss

See these examples:

Definition Profit and Los

See how the loss is shown with a negative sign. Another method is showing the numbers in red -$25, or in brackets like this ($25).

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Answer 2

Answer:

to find profit :-total revenue – total expenses = profit. Profit is calculated by deducting direct costs, such as materials and labour and indirect costs (also known as overheads) from sales.

or to find loss:-Loss = Cost price (C.P.) – Selling Price (S.P.) Profit or Loss is always calculated on the cost price.

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