how to calculate loss and profit?
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Formula: Loss = Cost price (C.P.)
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Profit or Loss is always calculated on the cost price.
Marked price: This is the price marked as the selling price on an article, also known as the listed price.
Discount or Rebate: This is the reduction in price offered on the marked or listed price.
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Hi dear
Formula loss = Cost Price ( C P ) - Selling Price (SP) Profit or Loss is always calculated on the Cost Price .
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