In a sale- if Selling Price is gt- Cost Price- there is a-profitlossdiscount

The correct option is A profitIf selling price is gt; cost price, a profit is said to have been earned. If selling price is lt; cost price, a loss is said ...

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Standard VII

Mathematics

Marked Price or List Price

In a sale, if...

Question

In a sale, if Selling Price is > Cost Price, there is a

profit

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loss

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discount

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Solution

The correct option is A profit
If selling price is > cost price, a profit is said to have been earned.
If selling price is < cost price, a loss is said to have been incurred.
Discount is a reduction in price calculated on the marked price.

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In a sale, if Selling Price is > Cost Price, there is a

The correct option is A profitIf selling price is > cost price, a profit is said to have been earned. If selling price is < cost price, a loss is said to have been incurred. Discount is a reduction in price calculated on the marked price.

The correct option is A profit
If selling price is > cost price, a profit is said to have been earned.
If selling price is < cost price, a loss is said to have been incurred.
Discount is a reduction in price calculated on the marked price.