C Program To Calculate Profit or Loss

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If cost price and selling price of an item are input through the keyboard, write a C program to determine whether the seller has made profit or incurred loss. Also determine how much profit he made or loss he incurred.

Cost Price: is the price paid by the seller for the product or the manufacturing cost of the product.

Selling Price: is the price seller sold the product for.

Formula To Calculate Profit profit = (selling_price – cost_price);

Formula To Calculate Loss loss = (cost_price – selling_price);

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