Question

The formula for the profit and loss percentage is:

Answer 1

The formula for the profit and loss percentage is:

Profit percentage = (Profit /Cost Price) x 100

Loss percentage = (Loss / Cost price) x 100

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Answer 2

Step-by-step explanation: Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).

hope this helps u, dear!!! And HAPPY NEW YEAR!!!

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