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?

Comments for Profit and Loss Statement Percent Question

Average Rating starstarstarstarstar

Click here to add your own comments

Jun 06, 2018
Rating
starstarstarstarstar 		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.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Profit and Loss Statement Questions.


Please subscribe to my monthly newsletter, Bookkeeping Basics E-zine. It tells you every month about the new information that I have added, including some great tips and advice from myself and other Bookkeeping Basics readers.

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Bookkeeping Basics E-Zine.

Like Bookkeeping-Basics.net?