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Earn +20 ptsQ: Profit is calculated by subtracting
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Profits is calculated by subtracting costs from what?
Profit is calculated by subtracting costs from revenue.
How do you calculate Selling Price if you know Cost price and Profit percentage?
profit can be calculated from profit percentage and cost price.profit percentage=profit*100/cost price.profit=selling price-cost price
Why is revenue important to all business's?
Revenue is important because it tells you how much money overall is coming into the business and after subtracting the costs you can see what your overall profit is.
What happens to tens digit and the ones digit when you subtract?
The answer will depend on what you are subtracting! The answer will depend on what you are subtracting! The answer will depend on what you are subtracting! The answer will depend on what you are subtracting!
Is profit or loss percentage calculated on Cost price or selling price?
Of course on cost price. J
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