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How to find profit and loss

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How to find profit and loss
  • 2 answers

Jasjeet Singh 3 years, 7 months ago

Subtract Selling Price from Cost Price if Answer Comes in Negative thats the amount of loss (Eg. 100-300 = -200 Which is Loss). If Answer is in Positive thats the amount of profit (Eg. 300-50 = 250 Which is Profit).

Suman Dash 3 years, 8 months ago

If selling price (SP) is greater than cost price (CP) than It is profit If cost price is greater than selling price then it is loss
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