Question

how we find the profit or loss​

Answer 1

Answer:

To find the amount of profit or loss, subtract the smaller value from greater value. In the case of profit, selling price is always more than the cost price. Profit = Selling Price - Cost Price. Similarly, in the case of loss, the cost price is more than the selling price.

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Answer 2

Answer:

To find the amount of profit or loss, subtract the smaller value from greater value. In the case of profit, selling price is always more than the cost price. Profit = Selling Price - Cost Price. Similarly, in the case of loss, the cost price is more than the selling price.