कॉस्ट प्राइस एंड सेलिंग प्राइस
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- Cost price (CP) is the price at which an article is purchased. Selling price (SP) is the price at which an article is sold.
- Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).
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