Percentages 1 - How to Calculate Profit and Loss / Cost Price and Selling Price | SHS 2 CORE MATH

SHS 2 CORE MATH | Percentages 1 - How to Calculate Profit and Loss.
In this video, we are going to discuss application of percentages, we will focus more on calculating Profit and Loss.

A percentage is a number or ratio expressed as a fraction of 100.
Profit = Selling price - Cost Price
Profit percentage = Profit/Cost Price x 100

Loss = Cost Price - Selling price
Loss percentage = Loss/Cost Price x 100

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[kxtcl]

THANK YOU SO MUCH I DONT UNDERSTAND WHEN MY TEACHER TEACHES BUT IT WAS SO EASY WHEN YOU TAUGHT THIS

[jnzztdg]

I forgot how to calculate profit and when I watched your vedio you had reminded me how to calculate profit, all thanks to you❤

[ActiveLifeInsights]

The same question I gave to chat GPT and the answer it gave me was completely different from yours. A woman that sells rice…

[Biblestories]

I was lost at the second exercise where you multiplied 5 by the profit, I thought you would divide it by 2.00 the selling price, honestly I was completely lost at that point.. I ll be glad if you explain it to me thanks alot.... 🙏🙏🙏

[ActiveLifeInsights]

What formula did you use to divide 8 by 100? I really want to know how? Because in order to first of all get cost price it should be cp=(sp= 2.00 - p= 8)
then when we have the cost price we can be able to get her profit percent

[Banzii_Banzii]

Your videos are making studying and homework more fun 🫶🏽🥹

[tiktokmashup]

What if the cost price is high than the hundred e.g
32. 100

-. x
102

[ShaistaAmbareen]

Many thanks for your vedio it's extremely helpful 😊🎉

[DanielOladipo-xjvj]

Pls how do you find the profit if they give percentage profit and cost price

[JuniorrigoCoba]

Thanks this really help me understand ❤

[nosipholeeu]

In my understanding percentage loss is equivalent to percentage decrease in terms of formula same thing applies to percentage profit being equivalent to percentage increase...am i correct?

[ActiveLifeInsights]

I’d like to know why you divide 8 by 100 and not divide it by 5 since it’s stated in the question that she sells rice at 5 cups for 2.00

[wizzthecat]

can you show howntomcreate revenueband margin