Profit and Loss

Profit and Loss

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  • You gain profit is when you sell your product for more than the cost price.  You made a loss if you sell your product for less than the cost price. To calculate the percentage of profit/loss you need to divide the profit/loss by the cost price and then times by 100. e.g 5/22 x 100 = 22.7%
  • Hey today I bought a chocolate bar for 32c and sold it for 50c!
  • Fantastic! If you divide the 18c by the cost you bought your chocolate for and then times by 100 that means you made a 56.25% profit! Good Job! 
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