Question

what is percentage and what is profit and loss
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Answer 1

Step-by-step explanation:

Profit and loss percentage are used to refer to the amount of profit or loss that has been incurred in terms of percentage. It should be noted that the percentage is one of the methods for comparing two quantities.

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Answer 2

Answer:

Percentage- In mathematics, a percentage is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%".

Profit and loss- Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product.

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