is sold. the cost price is abbreviated as cp, and the selling price is abbreviated as sp. thus, the profit of the product can be determined by taking the difference between the cost price and the selling price. thus, the formula to calculate profit is given by profit/gain = selling ...
definition formula profit percentage types of profit gross profit operating profit net profit how to calculate profit? examples faqs profit definition in general, the profit is defined as the amount gained by selling a product, which should be more than the cost price of the product. it is the...
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In multi-product situations, a weighted average C/S ratio is calculated by using the formula: Total contribution/total sales revenue This weighted average C/S ratio can then be used to find CVP information such as break-even point, margin of safety, etc. Example 2...
Learn maths profit and loss concepts with formulas and tricks. Also, learn to calculate the complex problems based on selling price, cost price and marked price easily at BYJU'S.