the percentage of every ptofit or loss is calculated on every __ of the cost price.
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Profit percentage formula: The profit percent can be calculated as: Profit % = 100 × Profit/Cost Price. Percentage Loss: The loss percent can be calculated as; Loss % = 100 × Loss/Cost Price.
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Answer– The formula for the profit percentage is as follows: You can calculate profit per cent by Profit % = 100 × Profit/Cost Price. Similarly, the loss per cent can be calculated by using Loss % = 100 × Loss/Cost Price.
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