When selling price is more then cost price there is a profit and when cost price it more then selling there is a loss.

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Solution

It is true that when selling price is more then cost price there is a profit and when cost price it more then selling there is a loss.

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Similar questions

The selling price of a table is more than its cost price by $25 %$ Then the cost price is less than selling price by

What is the profit or loss % when the cost price is ₹400 and selling price is ₹300?

= R s .600,

= 13 %

= R s .2475,

= 8 %

20 %

100

5 %

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