Profit and loss People often buy something at one price, and sell it on for another - eg, when they are selling things at a car boot sale. If the selling price is greater than the buying price, a profit is made. If the selling price is less than th
Ajay is dealing in electrical goods. He buys a radio for £45 and sells it for £63. What is his percentage profit? Here the cost price is £45 and the selling price £63. The profit is £63 - £45 = £18 To calculate the percentage profit you have to fi
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