what is the profit percent of 100 of 30
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what is the profit percent of 100 of 30 The formula to calculate the profit percentage is: Profit % = Profit/Cost Price × 100
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Profit formula is used to know how much profit has been made by selling a particular product. Formula for profit is majorly used for business and financial transactions. Profit arises when the selling price of any product sold is greater than the cost price (that is the price at which the product was originally bought). It should be noted that the profit and loss as a percentage is generally used to depict how much profit or loss a trader gets from a particular deal.
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