Subject: Business Mathematics
Gr. 11 ABM
Below are the formulas for Gross Profit, EXCEPT
A) GP = C + OE
B) GP = SP - C
C) GP = OE + NP
D) GP = SP - C - OE
With respective abbreviations po sana para maintindihan ko. Thanks in advanceee
Gr. 11 ABM
Below are the formulas for Gross Profit, EXCEPT
A) GP = C + OE
B) GP = SP - C
C) GP = OE + NP
D) GP = SP - C - OE
With respective abbreviations po sana para maintindihan ko. Thanks in advanceee
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Step-by-step explanation:
for example
Ali bought two books cost of Rs 20
He sold these books on Rs 25
find profit ?
solution
p=sp-cp
p=25-20
p=5
this formula is true