Write True or False:- loss = cost price - selling price
Answers
Answered by
18
Answer:
True
Step-by-step explanation:
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.
Answered by
6
Answer:
True
Formula for loss %
Loss percentage = (Loss × 100) / C.P
Step-by-step explanation:
Hope it helps you
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