Question

profit and loss is considered on_________...


cp or sp

☹️​

Answer 1

Answer:

When the selling price of a good is higher than its cost then, it is called profit. Similarly, when the selling price of goods is lower than its cost price then it is called loss. ... 1000 and the C.P are considered as Rs. 100 and profit or loss is calculated on it, then it is called profit or loss percent.

Answer 2

$\huge\fbox\fcolorbox{green}{green}{Answer}$

As I know it is considered on both..CP and SP both