Question

list me all the formulas for comparing quantities of 7th standard​

Answer 1

Answer:

Step-by-step explanation:

   Prices related to an item are: (i) Selling price

   (ii) Cost price

   Selling price(SP) is the price at which a product is sold out.

   Cost price(CP) is the buying price of an item.

   Profit = Selling price – Cost price

   Loss = Cost price – Selling price

   If SP > CP , then it is profit.

   If SP = CP , then it is neither profit nor loss.

   If CP > SP , then it is loss.