Question

Suppose if you want to start a business and want to sell any product of your own interest, how will you calculate the profit and loss of the particular item?
Pointers need to be mentioned;
Need to mention the cost price of your product.
Need to decide and mention your selling price.
Need to show and calculate profit and profit%.
Need to show and calculate loss and loss%.


Please answer quickly and correctly; incorrect or unnecessary answers will be reported and the helpful answers will be marked as brainliest!

Answer 1

Answer:

profit = cost prize - selling prize