find the CP of : SP = ₹220
profit =10%
loss = ?
CP = ?
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Step-by-step explanation:
198 is the answer
Formulas :
Profit = Sales - Cost
Profit Margin = Profit / Sales * 100
Profit Percentage = Profit / Cost * 100
A negative profit value means a loss. The percentage of profit or loss is calculated on the cost price whereas profit margin is calculated on the selling price.
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