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What are the formula for profit and loss in mathematics?
Formula:Profit = Selling Price (SP) - Cost Price (CP)Loss = Cost Price (CP) - Selling Price (SP)
What is the definition of profit and loss in mathematics?
Profit:If the selling price(S.P.)of an article is greater than the cost price(C.P.), the difference between the selling price and cost price is called a profit. loss:If the selling price (S.P.) of an article is less than the cost price(C.P.),the difference between the cost price and selling price is called loss.
What is profit and loss in mathematics?
Profit or Loss is always calculated on the cost price.Cost price (C.P.): price on which an item is purchased.Selling price (S.P.): price on which an item is sold.Profit: If the selling price is more than the cost price, the difference between them is the profit incurred. Selling Price (SP) > Cost Price (CP) → ProfitLoss: If the selling price is less than the cost price, the difference between them is the loss incurred. Selling Price (SP) < Cost Price (CP) → Loss
What does profit mean in math terms?
profit = selling price - (cost of buying + overheads)
Define cost price and selling price?
define cost and selling price
What are the formula for profit and loss in mathematics?
Formula:Profit = Selling Price (SP) - Cost Price (CP)Loss = Cost Price (CP) - Selling Price (SP)
What is the definition of profit and loss in mathematics?
Profit:If the selling price(S.P.)of an article is greater than the cost price(C.P.), the difference between the selling price and cost price is called a profit. loss:If the selling price (S.P.) of an article is less than the cost price(C.P.),the difference between the cost price and selling price is called loss.
What is profit and loss in mathematics?
Profit or Loss is always calculated on the cost price.Cost price (C.P.): price on which an item is purchased.Selling price (S.P.): price on which an item is sold.Profit: If the selling price is more than the cost price, the difference between them is the profit incurred. Selling Price (SP) > Cost Price (CP) → ProfitLoss: If the selling price is less than the cost price, the difference between them is the loss incurred. Selling Price (SP) < Cost Price (CP) → Loss
What do you mean by price hike?
An increase in cost
What is the loss and the cost price of gold chain sold at shs1500000 suffering a loss of 25 percent of the cost price?
Did you mean "Dan sold a gold chain at shs1,500,000. He lost 25% of the cost he paid. What was Dan's cost and how much did he loose?" shs1,500,000 is (1 - 25%) of cost price 1,500,000 = (1 - .25) * cost price 1,500,000 = .75 * (cost price) 1,500,000/.75 = cost price cost price = shs2,000,000 total loss was 2,000,000 - 1,500,000 = shs500,000
What does increase in cost or services mean?
Price has gone up
What does LUC mean in a price list?
Landed Unit Cost
Does marginal profit and selling price mean the same thing?
Only if it cost you nothing in the first place. Profit is selling price less cost.
Why cost per share increases?
Do you mean price per share
What is sensitive price index?
(Mathematics & Measurements / Statistics) a numerical scale by means of which variables, such as levels of the cost of living, can be compared with each other or with some base number
What does delivered price on a vehicle bill of sale mean?
Cost for delivery is included.
What does it mean if a stock's price remains unchanged?
it means the cost stays the same
