Notes and Study material for Exams
Profit and loss IMPORTANT FACTS Cost Price: The price, at which an ARTICLE is purchased, is called its cost price, abbreviated as C.P. Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P. Profit or Gain: If S.P. is greater than C.P., the seller is said to have … Read more
The Current Account: A Vital Indicator of a Nation’s Economic Health The current account is a crucial component of a country’s balance of payments, reflecting its overall economic performance and international competitiveness. It tracks the flow of goods, services, income, and transfers between a nation and the rest of the world. Understanding the current account … Read more
Profit and loss IMPORTANT FACTS Cost Price: The price, at which an ARTICLE is purchased, is called its cost price, abbreviated as C.P. Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P. Profit or Gain: If S.P. is greater than C.P., the seller is said … Read more