Question

3) If selling price is less than cost price, there is_______​

Answer 1

Answer:

Profit and Loss. If selling price is more than cost price, profit(gain) occurs. If selling price is less than cost price, loss occurs.

Answer 2

Answer:

loss

Step-by-step explanation:

if S.P is less than C.P =loss

if C.P is less than S.P=profit