Question

How to do profit and loss ?

Answer 1

Answer:

profit when we get revenue more than cost and when we get revenue less than cost

Answer 2

Answer:

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Profit and loss always depends on Selling Price and Cost Price. When selling price is greater than cost price, it is profit. And when Cost Price is grater than selling price, there is loss.

1. S. P = (100+ Gain) / 100 × C.P

2. S. P = ( 100 - Loss) /100 × C. P

3. C. P = (S. P × 100) / (100+ gain)

4. C. P = ( S. P × 100) / (100- loss)

5. Profit % = Profit / C. P ×100

6.Loss % = Loss / C.P × 100

Step-by-step explanation:

HOPE IT HELPS