English, asked by harishgarg3511, 1 year ago

How to give conclusion on profit and loss account

Answers

Answered by priyu1011
0

Cost price - selling price is compared from the two investments which decides profit or loss..

e.g. C.P= 100

S.P= 50

C.P - S.P = 100 - 50

= 50

cp > sp

100 > 50

hence it is loss

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