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

 

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 13 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.