profit and loss

what is profit?

• a fruit

• a type of car

• savings

• when cost price is lower than selling price

what is loss?

• The act of gaining something
• The process of finding something
• The state of having everything
• when cost price is higher than selling price

what is the formula to find profit?

• Profit = SP-CP

• Profit = SP/CP

• Profit = SP*CP

• Profit = SP+CP

the formula to find loss is _________.

what is the other name for SP?

• Software Program
• Security Protocol
• revenue

• System Processor