Suppose I have a coke can

17.jpg

What is Cost price, selling price, profit loss - Part 2

 

Now,

Suppose I purchased the can for Rs 20 and sell it for Rs 20. What is my profit or loss?

What is Cost price, selling price, profit loss - Part 3

 

Now,

  CP = Rs 20

  SP = Rs 20

 

So,

  CP = SP

 

Profit or Loss = CP − SP

= 20 − 20

= 0

 

So, when

  Cost Price = Selling Price

There is no Profit, no Loss

 

Remove Ads
Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh is an IIT Kanpur graduate and has been teaching for 16+ years. At Teachoo, he breaks down Maths, Science and Computer Science into simple steps so students understand concepts deeply and score with confidence.

Many students prefer Teachoo Black for a smooth, ad-free learning experience.