Question

The loss and gain percent are always calculated on the_____

Answer 1

Answer:

Take the selling price and subtract it from the initial purchase price. The result is the gain or loss. Take the gain or loss from the investment and divide it by the original amount or purchase price of the investment. Finally, multiply the result by 100 to arrive at the percentage change in the investment.

Step-by-step explanation:

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Answer 2

Answer:

cost price

Step-by-step explanation:

is correct answer