Math, asked by amanullah4333326, 11 months ago

What is Profit Percentage?
What is Insurance?
What is Tax?​

Answers

Answered by ᴅʏɴᴀᴍɪᴄᴀᴠɪ
6

What is Profit Percentage?

It is the percentage of selling price that is turned into profit, whereas "profit percentage" or "markup" is the percentage of cost price that one gets as profit on top of cost price. ... Profit margin is an indicator of a company's pricing strategies and how well it controls costs.

What is Insurance?

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss..

What is Tax?

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures..

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