Question

Riya sales and article which cost her rupees 400 to Seema at a profit of 20% Seema then sells it to Neha making a profit of 10% on the price we paid to Riya what does neha paye to Seema.

Hey please help me.​

Answer 1

This simplest formula is: total revenue – total expenses = profit. Profit is calculated by deducting direct costs, such as materials and labour and indirect costs (also known as overheads) from sales.

Formulas to Calculate Profit. The Profit Formulas are given as: Formula for Profit, Profit = S.P – C.P.. Formula for Profit Percentage