What is C.P cost price and S.P selling price ?
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What is C.P cost price and S.P selling price ?
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Answer:
Cost Price and Selling Price. Cost price (CP) is the price at which an article is purchased. Selling price (SP) is the price at which an article is sold
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Step-by-step explanation:
Cost Price: The price at which an article is purchased, is called its cost price (C.P.). Selling Price: Price at which an article is purchased is known as its selling price (S.P.). Profit or Gain: If SP is greater than CP then the seller is said to have profit or gain.
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