Question

Cost Price=Selling Price​

Answer 1

Answer:

The amount paid to purchase an article or the price at which an article is made is known as its cost price. The cost price is abbreviated as C.P. Selling Price: The price at which an article is sold is known as its selling price. The selling price is abbreviated as S.P.

Answer 2

Answer:

If in a case Cost Price = Selling Price then there would be neither profit nor loss. If cost price is greater than selling price then there is Loss. If selling price is greater than cost price then there is Profit.

Hope this helps you mate.