Collect the Information on Discount Sale, profit and loss Daily life situations and Examples Problems
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Answer:
Profit and Loss Basic Concepts
Profit and Loss Basic ConceptsLet us learn profit and loss concepts in maths. It is well explained in terms of cost price and selling price.
Profit and Loss Basic ConceptsLet us learn profit and loss concepts in maths. It is well explained in terms of cost price and selling price.Profit(P)
Profit and Loss Basic ConceptsLet us learn profit and loss concepts in maths. It is well explained in terms of cost price and selling price.Profit(P)The amount gained by selling a product with more than its cost price.
Profit and Loss Basic ConceptsLet us learn profit and loss concepts in maths. It is well explained in terms of cost price and selling price.Profit(P)The amount gained by selling a product with more than its cost price.Loss(L)
Profit and Loss Basic ConceptsLet us learn profit and loss concepts in maths. It is well explained in terms of cost price and selling price.Profit(P)The amount gained by selling a product with more than its cost price.Loss(L)The amount the seller incurs after selling the product less than its cost price, is mentioned as a loss.
Step-by-step explanation:
For example, for a shopkeeper, if the value of selling price is more than the cost price of a commodity, then it is a profit and if the cost price is more than the selling price, it becomes a loss. Here, in this article, we will discuss profit as well as loss concepts along with tricks to solve problems based on it.
Table of Contents:
Concepts
Profit
Loss
Cost Price
Selling Price
Marked Price
Formula
Examples
Tricks
Solved Problem