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In this example i didn't understand how we find c.p
Bhuvanesh Reddy
CA Inter
★ 7K+
23-Jul-21 23:03
322
Answers (1)
Best Answer
If SP is 100% and Profit on SP is 17.5% then CP is 82.5% right? So if SP is 8.8 then CP is 82.5% of 8.8 i.e 7.26
Sriram Somayajula
Admin
24-Jul-21 06:35