Question

Profit,loss and discount presentation

Answer 1

Answer:

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.

Answer 2

Answer:

Profit is denoted as P.

It can be found by substraction of CP from SP.

Loss is denoted as L.

It can be found by substaction of SP from CP.

Discount is the offer to you by seller.

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