Question

If my selling price is less than my cost price, I make a ___ .

Answer 1

When the selling price is less than the cost price, the seller loses money, it, makes a loss.

i.e., if $\text{S.P}<\text{C.P}$ then there exist loss in whole transaction.

$\text{Loss}=\text{C.P}-\text{S.P}$

Hence, you will get Loss.