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28 September 2014

Study Materials for IBPS, Bank Exams : Numerical Ability/Quantitative Aptitude - Profit and Loss


Profit and Loss

Cost Price
The price at which an article is purchased is called the cost price or CP.
Selling Price
The price at which an article is sold is called the selling price or SP.
Formulae
Gain or Profit = SP – CP
Loss = CP – SP

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