Question

A) Fill in the blanks by choosing the correct option:
(1) Profit is usually considered as a percentage on the cost price and loss is usually considered as a percentage on the
(a) net selling price (b) invoice price (c) cost price (d) list price

(2) Trade discount is usually calculated as a percentage on the
(a) cost price (b) net selling price (c) invoice price (d) list price​

Answer 1

Answer:

1) option C

answer:- cost price

2) option D

answer:- list price

hope you get it

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