Question

what are profit , loss and discount full explaination with example ​

Answer 1

Answer:

profit and loss calculated on cost price or marked price

and discount is reduction in price offer on marked or listed price

Answer 2

Answer:

Profit:The money which we get extra eg: cp=10,so=12

loss the money which we loose from the product

Discount:The money from which we bargain and get price lower