Definitions Terminology
(Bazaar Formula)
(Bazaar Formula)
Cost Price – The price of which goods are bought from a customer.
Formula of Cost Price =:
or 
Selling Price – The price at an object is offered for selling.
Formula of Selling Price =:
or 
Profit – The financial gain after selling an object that was offered for.
Formula of Profit =: Selling Price – Cost Price
Profit in Percentage =: 
Loss – The amount of money lost in an organization or a group.
Formula of Loss =: Cost Price – Selling Price
Loss in Percentage =:
Discount – A deduction from the usual cost of an object.
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