e) What do the following mean:
1) Profit of - 12 rupees
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Answer:
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12
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Step-by-step explanation:
Profit in Maths is considered as the gain amount from any business activity. Whenever a shopkeeper sells a product, his motive is to gain some benefit from the buyer in the name of profit. Basically, when he sells the product more than its cost price, then he gets the profit on it but if he has to sell it for less than its cost price, then he has to suffer the loss.
I hope it helps
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