Summary

Summary

* Every bill of a purchase of goods contains the name of the shop from which the goods are purchased, the serial number, the date, the number of items, the rate, the amount of each item and the total amount of the bill etc.

* Selling Price (S.P.) is the price at which an item is sold.

* Profit is the difference between S.P. and C.P., when S.P. > C.P.

* Loss is the difference between C.P and S.P, when C.P. > S.P.

* Discount = M.P. − S.P.  ⇒  S.P. = M.P. − Discount.