Question

define:ratio,cost price,selling price,profit,loss with examples​

Answer 1

Answer:

Ratio:- The relation between two numbers which shows how much bigger one quantity is than another. ex. 2:3

Cost Price:- The cost of producing something or the price at which it is bought is called cost price Ex. rs. 200

Selling price:- The cost of production of something or the price at which it is sold is called selling price. ex. rs. 300