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Cluster Notes Maths

Profit and Loss Basics

Start with CP, SP, profit, and loss before moving to discount and marked price.

Coaching Notes

Study Notes

Exam ready Quick revision

Start with CP, SP, profit, and loss before moving to discount and marked price.

What to focus on

  • Identify whether the question gives CP or SP.
  • Use direct subtraction first.

Quick formula / idea

  • Profit = SP - CP
  • Loss = CP - SP

CP = 500, SP = 650, so profit = 150.

Practice prompts

  • Find loss when CP = 720 and SP = 675.
  • Find profit when CP = 840 and SP = 910.
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