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The price at which an article is purchased is called its cost price and denoted by cp. The amount gained after selling a product more than its cost
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Profit or gain: if s.p (selling price ) is greater than c.p(cost price) then the seller is said to have a profit or gain i.e Profit = s.p – c.p. If
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In the case of profit or loss , the relation is generated between c.p and s.p.In the case of discount the relation is generated between sp and mp
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