Profit and loss formula

Profit is defined as the amount obtained by selling a product that is greater than the cost price of the product.

How to calculate profit percentage from cost price and selling price

It is the amount gained from any type of commercial activity. In summary, if the selling price (SP) of a product is greater than the cost price (CP), it is deemed a gain or profit. It explains the financial gain achieved when the revenue from a commercial activity surpasses the taxes, costs, and so on that are involved in the maintenance of a firm.

Profit Formula

Profit is better described in terms of cost price and selling price.

The cost price of a product or commodity is its real price, whereas the selling price is the amount at which the object is sold.

Profit formula

Profit formula

Loss formula

Profit percentage calculator

Profit formula in accounting

Profit and loss percentage formula

So, if the selling price of the product exceeds the cost price, the firm has made a profit. 

As a result, the profit calculation formula is as follows,

Profit = S.P. – C.P.

where,

C.P.

is the cost price of the goods
S.P. is the selling price of the goods

Formulas to Calculate Profit

The various formulas to calculate Profit Formulas are:

• Formula for Profit Percentage is depe
  percentage profit equation maths
  what is profit percentage in maths