Question

What is the formula of i) profit ii) loss iii) loss percentage iv) profit percentage.​

Answer 1

pls look at the attachment.

also pls mark me the most BRAINLIEST

Answer 2

Answer:

i) Profit = Selling price - Cost price

ii) Loss = Cost price - Selling price

iii) % Loss = $\frac{Loss}{Cost price} *100$

iv) % Profit = $\frac{Profit}{Cost price} *100$

Step-by-step explanation:

i) Profit is made when selling price is greater than the cost price of a product.

The formula for profit is given by,

    Profit = Selling price - Cost price

ii) Loss happens when cost price of a product is greater than the selling price.

The formula for loss is given by,

    Loss = Cost price - Selling price

iii) The formula for percentage loss is given by,

   % Loss = $\frac{Loss}{Cost price} *100$

iv) The formula for percentage profit is given by,

    % Profit = $\frac{Profit}{Cost price} *100$