The formulas for profit and loss percentage are given below: Profit percentage(P%) = (Profit /Cost Price) × 100. Loss percentage(L%) = (Loss / Cost price) × 100. S.P.
The formula to calculate the profit percentage is: Profit % = Profit/Cost Price × 100. The formula to calculate the loss percentage is: Loss % = Loss/Cost Price × 100.
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Answer:
The formulas for profit and loss percentage are given below: Profit percentage(P%) = (Profit /Cost Price) × 100. Loss percentage(L%) = (Loss / Cost price) × 100. S.P.
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Step-by-step explanation:
The formula to calculate the profit percentage is: Profit % = Profit/Cost Price × 100. The formula to calculate the loss percentage is: Loss % = Loss/Cost Price × 100.