## Frank Solutions for Class 9 Maths Chapter 2 Profit, Loss and Discount - Download Free PDF with Solution

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## FAQs on Frank Solutions for Class 9 Maths Chapter 2 Profit, Loss and Discount - PDF

1. What is profit?

When the sale price is greater than the cost price of an item, the difference is called profit.

2. What is loss?

When the sale price is lower than the cost price, then their difference is called loss.

3. What is a discount?

A percentage of the sale price is deducted and not charged to a customer. It is called a discount.

4. What is the overhead cost?

When the cost price of an article comprises additional expenses such as commission, transportation, etc., it is called overhead cost.

5. What is the marked price?

The price marked or printed on an item is called its marked price. It becomes the sale price when it is sold at that printed price.