0
to find the profit you have to subtract the selling price from the cost price
formula :- SP - CP = P
to find the loss you have to subtract the cost price from the selling price
formula :- CP - SP = L
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How do I Find the incremental profit or loss?
The incremental profit or loss is the change in profit or loss over the designated time period. After calculating the profit or loss, for example on a monthly basis, the delta between that and the average monthly profit or loss from the prior year can be determined.
Where can I find a profit loss statement?
A profit loss statement is a statement that summarizes costs, expenses, and revenues. Microsoft office has a downloadable profit loss statement template. The link to this template is http://office.microsoft.com/en-us/templates/profit-and-loss-statement-TC001115484.aspx
Do provisions for loan loss go in the balance sheet or profit and loss?
Profit and Loss.
What is the difference between profit and loss account and profit and loss appropiation account?
Profit and loss accont is used to calculate the profit or loss of business while profit and loss appropriation account is used to allocate or distribute net income or loss to share holders or different reserves account.
What are the Advantages of a profit and loss statement?
what are the advantages of profit and loss statement?
Why profit and loss account is called as profit and loss account and why not profit or loss account?
Tradition, and the need to call it something.
What is profi t and loss?
a profit is something that you get back a loss is something that you lose like with money with a profit you get money with a loss you loose money
How do I Find the incremental profit or loss?
The incremental profit or loss is the change in profit or loss over the designated time period. After calculating the profit or loss, for example on a monthly basis, the delta between that and the average monthly profit or loss from the prior year can be determined.
How do you know if it is a profit or a loss?
you can tell by seeing something as a loss or a profit. example - you bought a Mobile Phone @ £102 - then you sold it at £130 that would be a profit a loss would be to sell something for under the price you bought it at for example - chocolate bar 79P you sold it for 40P.
What would you find on a profit and loss account?
In profit and loss account normally list all in the revenues and expenses and profit or loss for any particular fiscal year of company.
How do you find the profit and loss in percentage?
The answer depends on percentage of WHAT!
Where can I find a profit loss statement?
A profit loss statement is a statement that summarizes costs, expenses, and revenues. Microsoft office has a downloadable profit loss statement template. The link to this template is http://office.microsoft.com/en-us/templates/profit-and-loss-statement-TC001115484.aspx
What is the opposite gender of loss?
The noun 'loss' is a neuter noun, a word for something that has no gender.
How do I calculate simple profit and loss?
Profit or loss = income - expenses. A positive number is profit, a negative number is loss.
Do provisions for loan loss go in the balance sheet or profit and loss?
Profit and Loss.
What is the difference between profit and loss account and profit and loss appropiation account?
Profit and loss accont is used to calculate the profit or loss of business while profit and loss appropriation account is used to allocate or distribute net income or loss to share holders or different reserves account.
What are the limitations of profit and loss account?
"What are the limitations of profit and loss account?"
