Answers

2016-02-02T13:29:38+05:30
Terms you need to know:
Cost price(CP) = price at which article was bought
Selling price(SP) = price at which article was sold.
Profit = S.P - C.P (if SP>CP)
Loss = C.P - S.P (if CP>SP)
profit % =  \frac{profit}{CP}  × 100
loss % =  \frac{loss}{CP}  × 100
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