how to solve profit and loss
thanks
welcome
Answers
Answered by
2
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.
Answered by
2
Answer:
- Gain % = (Gain / CP) * 100.
- Loss % = (Loss / CP) * 100.
- SP = [(100 + Gain%) / 100] * CP.
- SP = [(100 – Loss %) / 100]*CP.
Similar questions
...
Below is the list of some basic formulas used in solving questions on profit and loss:
Gain % = (Gain / CP) * 100.
Loss % = (Loss / CP) * 100.
SP = [(100 + Gain%) / 100] * CP.
SP = [(100 – Loss %) / 100]*CP.