Question

In case of loss, C.P=100*SP
100+Loss%
true or false​

Answer 1

Answer:

CP =

100−loss%

100×sellingprice

ii) If selling price is more than cost price, profit occurs.

profit = selling price – cost price

If selling price is less than cost price, loss occurs

loss = cost price - selling price

Profit percentage and loss percentage are always calculated on

costprice

hope helpful