Question 11 MarkC.P. $=\frac{100}{(100+\text { Gain } \%)} \times S . P$.AnswerTrue View full question & answer→
Question 21 MarkS.P. $=\left(\frac{100-\text { Loss } \%}{100}\right) \times C . P$.AnswerTrue View full question & answer→
Question 31 Mark$\operatorname{Loss} \%=\left(\frac{C . P .-S . P .}{C . P .} \times 100\right) \%$AnswerTrue View full question & answer→
Question 51 MarkNet C.P. of an article $=$ Actual C.P. - Overhead expenses.AnswerFalse View full question & answer→
Question 61 MarkProfit % is always calculated on the cost price.AnswerTrue View full question & answer→