The price, at which an article is purchased, is called its cost price, abbreviated as C.P. The price, at which an article is sold, is called its selling prices, abbreviated as S.P.
Average refers to the sum of all observations divided by the total number of observations. For example to calculate the average marks of the students
Time taken by a train of length l metres to pass a stationery object of length b metres is the time taken by the train to cover is (l + b) metres
If the interest on a sum borrowed for certain period is reckoned uniformly, then it is called simple interest
Time and Distance is an important chapter of quantitative aptitude. In every quantitative ability exam minimum one or two questions can seen related to this time and distance chapter
Permutations are the different arrangements of a given number of things by taking some or all at a time
Two or more people can get together to do business the deal is known as partnership.