MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Prices / Charges Related to Buying and Selling

The price at ...

Question

The price at which an article is purchased is called its

A

SP

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

CP

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Gain

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Loss

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B CP
The price/cost at which an article is purchased is called its Cost Price, or CP.
Hence, option B is correct.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The value of an article which was purchased

2

years ago, depreciates at

12

% per annum. If its present value is Rs .

9680

, the price at which it was purchased is:

Q. An article was purchased for

Rs 5, 600

. Its price was marked up by

12 % .

It was sold at a

5 %

discount on the marked price. The marked price of the article will be :

Q. A man purchased an article at some price and sold it at price 15% more than what he had invested. Then the profit percentage for the man is

Q. The price at which a commodity is purchased is called cost price. State true or false.

Q. A dealer sells an article at 5% higher price.If the article is purchased at 10% less cost and sold for Rs.156 less than there is a profit of 15%. Find the cost price of the article.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Prices Related to Buying and Selling

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Prices / Charges Related to Buying and Selling

Standard VIII Mathematics

Join BYJU'S Learning Program

CrossIcon