Best Concept Of Profit and Loss
Description
Profit and Loss (Basic Concepts, Formulas, Tricks) Profit and loss for SSC, Bank, Railway, and CDS Exam by Raja Sir, Profit and Loss short tricks, Solve Profit and Loss question in a minute. Profit and Loss, basics, Profit and Loss by NEON Approach.
The concepts of Profit and Loss play a fundamental role in the realm of economics and accounting. In this video we will discuss the important aspects of profit and loss like cost price, and fixed, variable and semi-variable cost, selling price, marked price, list price, margin etc. which is Important for various competitive Exam such like as SSC, Bank Railway and CDS Exams Here we will see all these and many more sections, providing you with the most complete and the most concise collection of these concepts. Let us see! In this video Raja sir is teaching you how to solve the questions of profit and loss with the help of CPR in just 2-3 sec. we all know that the profit percentage taking C.P. as the base is more than the profit percentage taking S.P. as the base.
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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