What is the formula of
1.profit
2.discount
3.loss
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Answered by
2
Answer:
Formula: Profit or Gain = S.P. – C.P.
Formula: Loss = Cost price (C.P.) – Selling Price (S.P.)
Discount = List Price - Selling Price
Discount (%) = (Discount/List Price) × 100
Step-by-step explanation:
Cost price (C.P.): This is the price at which an article is purchased.
Selling price (S.P.): This is the price at which an article is sold.
Profit or Gain: If the selling price is more than the cost price, the difference between them is the profit incurred.
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