
Comparison map
Cost price and selling price
A comparison line shows whether the transaction earns or loses money.Exam cue: Always attach Rs or the given currency to the final answer.
- 1CP -> SP: compare with
- 2Comparison -> Profit or loss: decides
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Lesson
Use cost price, selling price, profit, and loss to solve simple money problems.
Learning objectives
Identify cost price and selling price in a word problem.
Calculate profit or loss using subtraction.
Find simple profit or loss percentage when the base is cost price.
Lesson
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Notes
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In this chapter
Now on Profit, Loss, and Money. Next up: Simple Interest and Time.
Lesson progress
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