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Q: How do you find the profit and loss in percentage?

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Of course on cost price. J

(New amount - Original amt) / Original amount = loss percentage. saurabh K.

profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price

Profit = (profit percentage / 100) x gross income

divide 100 by the initial value and times by the new value, then take 100 from the total.

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Of course on cost price. J

(New amount - Original amt) / Original amount = loss percentage. saurabh K.

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

Profit or loss = income - expenses. A positive number is profit, a negative number is loss.

Tradition, and the need to call it something.

Profit and Loss.

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.