Question

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

Answer 1

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.

Answer 2

1.cost price is the buying price.for example if you buy a pen for RS 10.so 10 is the selling price. of the pen.
2.selling price is the. price. at which something is seller. ex. if I sell that pen for RS 15 .so. 15 is the selling price of the pen.
3.profit is the value that is earned by selling a any thing.prfit. is =sp-cp.ex.tje the cp of the pen was rs10and so was rs15.so. your. profit will be 15-10=5rs
4.loss is the value which you loosed by selling any thing.loss=cp - sp .ex if the pen is of rs10and. you. selled it in. rs5 so your loss will be 10-5=5rs.
5.loss%is the percentage of loss. in ratio to cp.profit%=loss/cp *100.ex loss % of the pen was 5/10*100=50%.
6.gain% or profit%.it is the percentage that u earned by selling any thing.ex the profit percentage of. the pen =15/10*100=150%-100%=50%.