Profit and loss

Buisness is a place where we always wann profit... but no one knows the result will be a loss or profit?? profit brings motivation and promote the buisness and that buisness person too.... but loss could also be possible....

Here important thing is that we need to know we are getting or loosing...
In mathematics we have formula to be aware...
Profit and loss always depends on the cost price we denote cost price as " C.P." and sell price as "S.P."

If S.P. is more than C.P. there will be profit

[Profit = S.P.- C.P.]

If C.P. is more

[Loss = C.P. - S.P.]

percentage is a value which is a part of 100 which shows how much you earned or loss by your buisness

Hence we need to know it..... the percentage of profit and loss always depends on cost price....

Profit% =  (Actual profit × 100 /  C.P.)

Loss % =  ( Actual loss × 100 / C.P. )

We can know selling price when there is a profit or loss and we already know the cost price.....