what is the formula of finding cost price in loss and profit and finding selling price in loss and profit
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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.
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Answer:
Step-by-step explanation:
C.P.=S.P. - Profit
C.P.=S.P+ Loss
S.P=C.P- Loss
S.P = C.P. + Profit
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