I am not able to understand the following sentence:
 Serum = Plasma - blood clotting
please explain me clearly

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Serum is an Amber coloured , protein rich liquid which separates out when blood coagulates :)
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Serum is actually the liquid part of the blood which does not contain any platelets.
Platelets are the components of the blood which help in clotting of blood. 
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What are you looking for?