Which of the following is true? Cost Price= Marked Price - Discount Profit = Marked Price - Selling Price Discount = Marked Price - Selling Price Selling Price = Marked Price - Profit
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⇒ Cost Price refers to the cost for which you have brought something.
⇒ Sell Price refers to the cost for which you have sold something.
Sell Price = S.P
Cost Price = C.P
⇒ C.P - S.P = Loss
⇒ S.P - C.P = Profit
⇒ S.P - Profit = C.P
⇒ C.P + Profit = S.P
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