Question

12. The difference between the selling price and the cost price is called

●Loss
●Profit​

Answer 1

Answer:

What is the difference between upselling and cross-selling? Definition: Upselling is the practice of encouraging customers to purchase a comparable higher-end product than the one in question, while cross-selling invites customers to buy related or complementary items.

Answer 2

Answer:

When the selling price is greater than cost price, the difference is called Profit

When the selling price is smaller than cost price, the difference is called Loss

Hope this answer helps you.