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1.What is Cost price?2. What is selling Price?3. profit4. loss 5.loss%6.gain%

Answer»

Hey Guys,

COST PRICE :- In simple words the price of an object which we BUY from someone for using purpose. In maths it ALSO called as C.P.

SELLING PRICE :- It is price of object w
hich we sell to a person to make profit from it.

PROFIT :- The selling price of an object is more than its cost price then it BECOMES profit.

LOSS :- The selling price of an object is less than its cost price then it is loss.


Thanks.



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