Buying price,selling price,profit,and lossA trader buys rice for Rp5,400.00 per kg.Then he sells it for Rp.
6,000.00 ,In this case we says that the buying price is Rp.5,400.00 and the selling price is Rp.6,000.00
Thus, the amount of money for buying a product or goods is
called the buying price, while the price at which a product or
goods is called the selling price.
a.When is some one said to make a profit and when to have
a loos?
b.When a trader sells his goods with a price more than the
buying price, what does he make?
