If Ravi had bought a car for Rs.3,00,000 and sold it to his friend for Rs. 2,80,000, does he get a profit or a loss?
If Ravi bought a car for Rs.3,00,000 and sold it to his friend for Rs. 2,80,000, did he make a profit or suffer a loss?
Ravi bought a car for Rs. 3,00,000 and sold it to his friend for Rs. 2,80,000. How much profit or loss is incurred by Ravi?