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Study MCQ
WorkShop Calculation and Science
PROFIT AND LOSS
Set 1
Set 1
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Q12907
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What is discount?
A
Selling price is less than Cost price
B
Selling price is greater than Cost price
C
The reduction given to the selling price of a product
D
Selling price + discount
Q12908
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What is a profit?
A
Selling price - Cost price
B
Cost price - Selling price
C
Selling price + Cost price
D
Cost price + Selling price
Q12909
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What is the term, if an article is purchased?
A
Selling price
B
Cost price
C
Margin price
D
Discount price
Q12910
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What is the expanded form of S.P?
A
Selected Price
B
Special Price
C
Selling Price
D
Super Price
Q12911
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Which is the short form of profit and loss statement?
A
P & L
B
PR & LS
C
PRO & LOS
D
L & P
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