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These videos begin with the explanation of the meaning of cost price and selling price. The meaning of the terms profit and loss is explained and the relationship between profit, loss, cost price and selling price is given. We also discuss the meaning of the terms marked price and discount along with the relationship between selling price, marked price and discount.

These videos belong to the Arithmetic section of Quantitative Aptitude for the Common Admission Test (CAT). Please note that CAT 2009 is going to be online and a computer based test.