Question

C.P = S.P - ____.... Fill in the blanks​

Answer 1

C.P. = S.P. - Profit

Step-by-step explanation:

• Let us know first: C.P. = Cost Price and S.P. = Selling Price.

• If there is a profit after selling an item, we can write:
• Selling Price = Cost Price + Profit
• or, Cost Price = Selling Price - Profit

• However if it is a loss, then:
• Selling Price = Cost Price - Loss
• or, Cost Price = Selling Price + Loss

Let us understand the same with an example.

The cost price of a radio is Rs. 300 and its selling price is Rs. 350.

Since, selling price > cost price, then it is a profit.

Profit = Selling Price - Cost Price

= Rs. (350 - 300)

= Rs. 50

Answer 2

Answer:

C.P = S.P - Profit

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