Question

what is formula of profit ?????​

Answer 1

Answer:

Formula: Loss = Cost price (C.P.) – Selling Price (S.P.) Profit or Loss is always calculated on the cost price. Marked price: This is the price marked as the selling price on an article, also known as the listed price.

Step-by-step explanation:

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Answer 2

Answer:

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.