Question

In profit and loss who get profit and loss.

Answer 1

it depends upon the situation either it can be gained by seller or consumer

Answer 2

Answer : If the s.p is more then the c.p then the profit would go to the seller and if the c.p is greater then the s.p the profit goes to the costumer

For example if I bought a pen for ₹10 and sold it to someone at the cost of ₹15 I would have the profit of ₹5

But suppose I bought a pen from someone at the cost of ₹10 and then refilled the pens ink for ₹5 and sold it for ₹10 I would have a loss of ₹5.

HOPE THIS HELPS

HAVE A NICE DAY.