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When costprice and selling price is given how to calculate weather it is loss or profit?​
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When costprice and selling price is given how to calculate weather it is loss or profit?​

User Mring
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Answer:

Selling price - cost price = profit, when Selling Price is more than Cost Price

Cost price - selling price = loss, when cost Price is more than sellIng Price

User John Henckel
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The costprice of the article is Rs800.If the article is sold for Rs1200,find profit​
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