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What is the difaranc between costs price and discount ? |
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Answer» LOSS = Cost PRICE (C.P.) – Selling Price (S.P.) Profit or Loss is ALWAYS calculated on the cost price. Marked price: This is the price marked as the selling price on an ARTICLE, also KNOWN as the listed price. Discount or Rebate: This is the reduction in price offered on the marked or listed price |
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