Maths (Primary Classes)

PROFIT AND LOSS

Example 1 A man bought a leather bag for N350.00 and sold it for N360.00 will he have more money or less money with him? Solution Selling price = N460.oo Cost price =   – N350.00 Profit (gain) =   N110.00   Note: profit or gain = selling price – cost price   Example 2 If a […]

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