Question

d) Selling price= Cost price​

Answer 1

Answer:

Cost Price: The price at which an article is purchased, is called its cost price (C.P.). Selling Price: Price at which an article is purchased is known as its selling price (S.P.). Profit or Gain: If SP is greater than CP then the seller is said to have profit or gain.

Step-by-step explanation:

Answer 2

Answer:

Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).