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Answers
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Step-by-step explanation:
- the price at which goods are or have been bought by a merchant or retailer.
- example- Suppose that a company sells a product for $1, and that $1 includes all the costs that go into making and marketing the product. The company may then add a percentage on top of that $1 as the "plus" part of cost-plus pricing. That portion of the price is the company's profit.
2. The selling price of a product or service is the seller’s final price, i.e., how much the customer pays for something.
- example- , if the food costs for a dish total £3.00 and a gross profit target is set at 70%, the food costs as a percentage of the selling price can only represent 30%.
3.a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
- An example of profit is the money a business has left after paying their expenses.
4.an amount of money lost by a business or organization
- example - something you with $50 and if you sell it you get $25 so at that time you get less money this is loss.
5.percentage (from Latin per centum "by a hundred") is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%", or the abbreviations "pct.", "pct"; sometimes the abbreviation "pc" is also used. A percentage is a dimensionless number
- exampe - 42 %
6. a deduction from the usual cost of something.
- example- if you buy dress of $12 And you get in discount 5% then $7 thidms is discount..
formula to find profit
formula to find loss percentage
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