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Solution- CP=₹688

SP= ₹578

Here, CP > SP

Loss= CP-SP

=₹688 -₹578=₹110

 Break Even- When SP is equal to CP, then there is no loss or no profit.

 When profit & CP is given,

SP= Profit + CP

Example-1 : If Profit= ₹110, CP= ₹578, then SP=?

Solution- Profit= ₹110

CP= ₹578

SP= Profit + CP=₹110+₹578=₹688

 When Profit & SP is given,

CP= SP- Profit

Example-1 : If Profit= ₹110, SP=₹688 then CP=?

Solution- Profit= ₹110

SP= ₹688

CP= SP- Profit

=₹688- ₹110

=₹578

 When an over head expense is given ,that will be added to cost price always.

WORD SUMS ON PROFIT & LOSS-