Question

The profit or loss made when

(a) 30 articles are manufactured and sold.
(b) 60 articles are manufactured and sold.
Answer: (a) Loss $=$ Rs 20 (b) Profit $=$ Rs 10
If true then enter 1 else if False enter 0

Answer 1

In the C.P graph x-axis represents number of articles and y-axis represents Cost price whereas In S.P graph x-axis represents number of articles and y-axis represents Selling price.
a) For 30 articles,
C.P is 140 and S.P is 120
$\therefore$S.P - C.P = -20 i.e., Loss
b) For 60 articles,
C.P is 230 and S.P is 240
$\therefore$S.P - C.P = 10 i.e., Profit