Question

why are sp and cp used​

Answer 1

Answer:

CP and SP are abbreviations for Cost Price and Selling Price. Cost price is the amount we pay to buy an item at which it is available. Similarly, Selling Price is the rate at which an article is sold which we abbreviate as SP.

Answer 2

Answer:

CP and SP are abbreviations for Cost Price and Selling Price. Cost price is the amount we pay to buy an item at which it is available. Similarly, Selling Price is the rate at which an article is sold which we abbreviate as SP.