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Profit and Loss in Bengali: Definitions, Formula, Tricks, and Example | লাভ ও ক্ষতি: সংজ্ঞা, সূত্র, টিপস এবং উদাহরণ


What is profit and loss?

Profit equals selling price minus cost price. Loss is equal to cost price minus selling price.

What does P&L mean profit and loss?

A profit and loss statement—P&L, also known as an income statement—is a financial report that shows a company's revenues and expenses over a period of time, usually a fiscal year.

How do you determine profit and loss?

The formula for calculating profit percentage is: Profit % = Profit/Cost Price × 100
The formula for calculating loss percentage is: Loss % = Loss/Value × 100