FORMULA OF PROFIT OR LOSS? Share with your friends Share 2 Vijay Kumar Gupta answered this Dear Student, Note that the cost price is represented as CP and selling price is representedas SP.If SP>CP, then Profit is given by Profit=SP-CPIf SP<CP, then loss is given by Loss=CP-SP Regards 1 View Full Answer Vishnu Rai answered this Profit= Selling price - Cost price. Loss=Cost price - Selling price. 3 Ishant Kumar answered this formula of profit=selling price-cost price formula of loss=cost price- selling price 3 Priyam Bhardwaj answered this vishnu is right 2 Rahul Kumar answered this THANKS 1
