I made my lemonade with lemons from our neighbours and sugar and water from my mums kitchen
Why go to all that trouble. I bought mine for $9.99 a letre.
This guy is a moron! He is making a loss because his cost price is higher than his selling price, where as mine is the opposite so I'm making a profit.
Profit is when your selling price is higher than your cost price
To find the percentage profit you must divide the profit by the cost price and multiply the answer by 100%
Where as on the other hand Loss is when your selling price is lower than your cost price.
To find the percentage loss you do the same get the loss, divide it by the cost price and multiply it by 100%
Now you might be wondering how to actually find out if it is a profit or a loss. Its easy all you have to do is subtract the selling price from the cost price and see if the selling price is higher or lower than the cost price, which will determine if it is a profit or a loss.