profit % & loss% is always calcuted on cost price it is true or false
Answers
Answered by
1
Answer:
True...........
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Answered by
1
Answer:
True
Step-by-step explanation:
Formula: Loss = Cost price (C.P.) – Selling Price (S.P.) Profit or Loss is always calculated on the cost price. Marked price: This is the price marked as the selling price on an article, also known as the listed price. Discount or Rebate: This is the reduction in price offered on the marked or listed price.
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