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what is profit in math. The letter P is reserved for use later as a symbol for price. Divide the gross profit by the amount of money you collected at the end of the project.
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The letter P is reserved for use later as a symbol for price. Practice Sums related to above profit and loss formulas. Cost price CP The amount for which an article is bought is called its cost price.
If an item is making 10 profit that means that it is making that profit on the original price.
Profit and Loss Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Therefore if is the original price we can write. Selling price SP The amount for which an article is sold is called its selling. Profit is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses costs and taxes needed to sustain the.
