Profit and Loss

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Important Maths Formulas of Profit and Loss

Profit or Gain Gain = S.P. – C.P.
Gain% Gain percent
Loss Loss = C.P. – S.P.
Loss% Loss percent
S.P. S.P. when there is gain
S.P. S.P. when there is a loss
C.P. CP when there is gain
C.P. CP when there is loss
Gain%, when a trader professes to sell his goods at cost price, but uses false weight Gain percent on false weight