Statement1: Profit is defined as the positive difference between selli – InterviewSolution

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Statement1: Profit is defined as the positive difference between selling price(S.P) and cost price(C.P) when ( S.P > C.P). Statement 2: Loss is found when (C.P > S.P)

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Statement1: Profit is defined as the positive difference between selling price(S.P) and cost price(C.P) when ( S.P > C.P).

Statement 2: Loss is found when (C.P > S.P)

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