Question

What is a profit and a loss? Also what what is the difference

Answer 1

profit is wut u make
Loss is wut u lode

Answer 2

lose*

Answer 3

The difference is Profit u make money and Loss is wen u do a job and make no money and u also lose money

Answer 4

Are you a boy

Answer 5

yes?

Answer 6

Profit = Sale Price - Cost Price
Loss = Cost Price - Sale Price.
Meaning, when your S.P is greater than your C.P, it's profit and vice versa.

Answer 7

Loss is when you lose money And profit Is when you buy something a sell it for more.

Answer 8

How do you tell if its a loss or a profit

Answer 9

If your Sale Price is more than Cost Price, it's profit.

Answer 10

If your Cost Price or the price at which you buy something is more than the price at which you sell it, it's loss.

Answer 11

Well lets just Say you buy Something for $5 and you see every one else selling it for $10 And When you try to sell it you can only get $4.50 out of it.<-- You were trying to be greedy and you lost out on you money

And if you sold it you would have made a profit if you sold it for $10<-- Would be profit

Answer 12

There.