Profit And Loss

Important Profit And Loss Problems Short Tricks And PDF Materials

Profit and loss:

  1. Profit and Loss1. Cost price and selling price

Cost price (CP) is the price at which an article is purchased.

Selling price (SP) is the price at which an article is sold.

2. Profit and loss

If selling price is more than cost price, profit(gain) occurs.

If selling price is less than cost price, loss occurs.

In case of profit

profit = selling price – cost price

selling price = cost price + profit

cost price = selling price – profit

In case of loss

loss = cost price – selling price

selling price = cost price – loss

cost price = selling price + loss

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