Financial Maths Flashcards
1
Q
Profit
A
Selling price - cost price
2
Q
Loss
A
Cost price - selling price
3
Q
% profit
A
Profit amount divided by cost price X 100
4
Q
% loss
A
Loss divided by cost price x 100
5
Q
Markup
A
Profit divided by cost price x 100
6
Q
Margin
A
Profit divided by selling price x 100
