Question

Please learn me profit and loss​

Answer 1

Answer:

An income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income or net profit.

Answer 2

Step-by-step explanation:

The formula for the profit and loss percentage is: Profit percentage = (Profit /Cost Price) x 100. Loss percentage = (Loss / Cost price) x 100.