Basic Formulas |
Formula / Rule / Type basic-formulas :-
Here Some Basic Formulas/Rules Are given below :- Cost Price : The price at which an article is purchased, is called its cost price, abbreviated as C.P.Selling Price : The price at which an article is sold, is called its selling price, abbreviated as S.P. 1 Profit or Gain : If S.P. is greater than CR, the seller is said to have a profit or gain. Loss : If S.P. is less than C.P., the seller is said to have incurred a loss.
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Basic Formulas |