Question

Profit percentage is always calculated on​

Answer 1

Answer:

Note: Profit and loss percentage is always calculated on cost price, unless otherwise specified. Now let us come to profit loss formula in percentage, which will be followed by questions on profit and loss. Profit percentage formula: The profit percent can be calculated as: Profit % = 100 × Profit/Cost Price.

Answer 2

Profit and loss percentage is always calculated on cost price, unless otherwise specified. Now let us come to profit loss formula in percentage, which will be followed by questions on profit and loss. Profit percentage formula: The profit percent can be calculated as: Profit % = 100 × Profit/Cost Price.