Profit and Loss Statement Percent Question

by CHESTA
(PALAMPUR)

Profit and Loss Statement Percent

Profit and Loss Statement Percent

Rohit bought a tape recorder for RS 1,500 and sold it for RS 1,800.

Will you please calculate it's profit and loss percent for me?

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Jun 06, 2018
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P&L Statement Percent
by: Stephanie

The profit and loss percent for the above transaction can be calculated as follows:

SALE = 1800
COST = 1500
PROFIT = 300
PROFIT PERCENT = 20% (300/1500)

Thank you for your inquiry, Chesta.

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