Question

importance of profit and loss in mathematics​

Answer 1

Answer:

Profit and loss is useful in bussiness as well as maths also

Answer 2

Answer:

Profit and Loss is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product.

Hope it helps you