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Profit is what you get from the costumer
Loss is what you have to give back as change to the costumer

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how to calculate profit and loss

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Profit is when the amount of what you earned increases.
Loss is when the amount of what you earned decreases.

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How to calculate the profit and loss?
How to calculate the income?
How to write all 3 in percentage format?
How to calculate the discount?

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profit is selling someone a price higher than the original amount in order to have a profit ( additional amount - original amount = profit made )

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I want to know how to calculate it and use it in real life

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Profit is when you make something for example 20$ then sell it for 30$ you get a 10$ profit.
Loss is when you don't get any profit from it.

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profit - financial gain
loss - when an item is sold for less than it costs

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How to calculate them.

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Profit is monetary gain, loss is wheat you earn, decreases.

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I learned how to calculate profit
I learned that to know the profit you have to subtract cost price from the selling price

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profit = selling price - cost price

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Formula for profit and loss
What is profit and loss
Formula for total profit
Formula for selling prize
Formula for cost prize
What is depreciate
What is appreciate
What is unit prize

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I learned that
profit = selling price - cost price
unit price = the price of 1 unit
depreciate = the value went down
loss = not earning anything

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You have to calculate it by subtracting the larger number to the smaller number.

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profit is the selling price - cost price
unit price is the price of 1 unit

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Profit=selling price-cost price

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I have learnt that cost price is how much you have bought the item for and profit is how much money you have made from buying then selling the item.

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profit is the selling price - the cost price

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profit is the selling price - the cost price

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How to calculate profit. (Selling price - cost price )