Question

13. Profit occurs when
CRLSP
CP = SP
O CPSP
nove​

Answer 1

$\boxed{\boxed{\sf\blue{Answer:}}}$

Profit Occurs when

Selling Price - Cost Price

__________________

$\boxed{\mathfrak\red{Example:}}$

• Ramu bought a cycle for Rs.6000 and sell it at Rs.6900. What profit did he got?

Formula Used:

$\boxed{\sf\blue{Profit = Selling \: Price - Cost \: Price}}$

6900 - 6000 = 900

∴Ramu got a profit of Rs.900