👤

Write formulas for the following mathematical statement.
The difference between the selling price and cost price is profit.
(1 Point)
profit=S.P-C.P
profit=S.P+C.P
profit=C.P-S.P
profit=C.P+S.P

Answer :

Answer:

[tex]Profit = SP - CP[/tex]

Step-by-step explanation:

Given

[tex]S.P = Selling\ Price[/tex]

[tex]C.P = Cost\ Price[/tex]

Required

Represent the profit, mathematically

The profit is the difference between SP and CP.

This is represented as:

[tex]Profit = SP - CP[/tex]