General Aptitude › Profit and Loss › Question #5337
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QWhat type of prices would play a vital role in profit and loss?

ID: #5337 Profit and Loss 246 views
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#5337Q ID
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Profit and LossTopic
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  • A Cost Price ✔ ✖
  • B Selling price ✔ ✖
  • C Both ✔ ✖
  • D None of the above ✔ ✖
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Explanation

Both cost price and selling price plays a vital role in profit and loss.
Profit = Selling price - Cost price.
Loss = Cost price- selling price.
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