Profit and loss | Part 9 | Maths | How to solve profit and loss questions | By Dr. Ram Awadh Sir
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Profit and loss | Part 9 | Maths | How to solve profit and loss questions | By Dr. Ram Awadh Sir
All competition Topic Wise Profit and Loss Class | Profit and Loss by Dr. Ram Awadh Sir
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In this video Dr. Ram Awadh Sir discuss profit and loss topic of arithmetic which is most useful for any Competitive exams. this class contained concepts and questions which is basic to advance level.
Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product. The important terms covered here are cost price, fixed, variable and semi-variable cost, selling price, marked price, list price, margin, etc. Also, we will learn the profit and loss percentage formula here.
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