Question

what is the formula of profit and loss​

Answer 1

Answer:

formula:

profit = selling price - cost price

loss= cost price minus selling price

profit%=profit/ cost price × hundred

loss%= loss/ cost price× 100

Answer 2

Answer:

the formula of profit

sp-cp

gain%=(100+gain%)×cp

100

then,

loss formula

loss=(cp-sp)

loss%=(loss×100)%

cp

Step-by-step explanation:

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