what is the formula of profit
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Answer:
What is formula of profit and loss?
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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Step-by-step explanation:
- Profit=Selling price -cost price.
- Loss=Cost price-selling price.
- Profit%=profit/C.P(100)
- Loss%=loss/C.P(100).
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