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Formula for profit and loss

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Formula for profit and loss

Posted by Aarya Gharge 6 years, 11 months ago

CBSE > Class 08 > Mathematics

1 answers

Yogita Ingle 6 years, 11 months ago

Cost Price: The price, at which an article is purchased, is called its cost price, abbreviated as C.P.

Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P.

Profit or Gain:If S.P. is greater than C.P., the seller is said to have a profit or gain.

Loss:If S.P. is less than C.P., the seller is said to have incurred a loss.

Gain = (S.P.) - (C.P.)
Loss = (C.P.) - (S.P.)

3Thank You

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Posted by Monika 8B 5 months, 3 weeks ago

CBSE > Class 08 > Mathematics