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what is profit percentage formula. Before we go through profit and loss per cent we need to make ourselves familiar with few terminologies that are generally used in salespurchasing of goods. The net profit margin is equal to net profit also known as net income divided by total revenue.
Jan 28 2019 Basic Concept Of Profit And Loss Math With Shortcut Percentage Formulas Of Profit And Gain Is Desri Studying Math Math Tricks Maths Formula Book from www.pinterest.com
360 then sold it at K sh. After you set up the formula you get. A vendor bought a tray of eggs at K sh.
Understanding percentage formula and its basic concept will help you in determining the cost of a product and many other things too.
Calculate your gross profit. Profit and Loss Percentage Formulas. A vendor bought a tray of eggs at K sh. Think of it like a Pie being 100 and when you take out pieces of the pie to pay for your costs the remaining slice of pie is your profit.
