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 which 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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