Question

Mr. Kumar purchases goods from nearest shop. Azhar purchases mobile from Tokyo. Mr. Ram of Nandurbar purchases electronic goods from Delhi.

Answer 1

Answer:

Mr. Kumar purchases goods from nearest shop. Azhar purchases mobile from Tokyo. Mr. Ram of Nandurbar purchases electronic goods from Delhi.Marked Price

In the profit and loss section, the cost of a product is very crucial. If you have marked the cost of the product wrong, you may not see any profit at all. In the following section, we will see what we mean by marked price. We will also see all the other relevant terms and try and understand how to determine marked price such that the profit is maximum. Let us begin with the following space below!

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