Question

Difference between CP and SP

Answer 1

Cost Price (CP) – The price at which an article is purchased by the seller is called the Cost Price of the article. Selling Price (SP) – The price at which an article is sold is called its Selling Price. ... Loss– The difference between CP and SP if it is positive, that amount is called Loss.

Answer 2

Answer:

cost price (CP) :- it is a price at which an article is purchased

selling price (SP) :- it is a price at which an article is sold