How to calculate profit percent in income and expenditure?
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Profit formula is majorly used for business and financial transactions. Profit arises when the selling price of any product sold is greater than the cost price ( that is the price at which the product was originally bought).
The Profit Formula is given as,
PercentageProfit=SellingPrice−CostPriceCostPrice×100
The Profit Formula is given as,
PercentageProfit=SellingPrice−CostPriceCostPrice×100
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