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Understanding Profit and Loss

For a situati...

Question

For a situation of having neither profit nor loss, which of the following is correct?

A

S.P > C.P

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B

S.P < C.P

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C

S.P = C.P

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D

S.P = 2C.P

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Solution

The correct option is C S.P = C.P
If

S.P > C.P = PROFIT

C.P > S.P = LOSS

C.P = S.P = NO PROFIT/ NO LOSS

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