Loss
Parin Sir > Loss
14
Jun
Loss
☼ Loss : If S.P. < C.P., the seller is said to have incurred a loss.
Loss = C.P. – S.P.
Loss or gain is always reckoned on C.P.
( i.e. On calculating gain or loss C.P. is taken as 100 % )
When a per…
14
Jun
Profit And Loss
☼ Cost Price : The price at which an article is purchased, is called its cost price. Symbolically it is written as C.P.
☼ Selling Price : The price at which an article is sold, is called it…
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