Question

5) An article bought for Rs. 200 is sold at 196 then it profit or loss ​

Answer 1

Answer:

The loss is of Rs.4

\textbf{\underline{\underline{Explanation :-}}}

Explanation :-

\textsf{\underline{\underline{Given :}}}

Given :

The Article was bought for Rs.200

Sold for = Rs.196

\textsf{\underline{\underline{To find :}}}

To find :

The loss

\textsf{\underline{\underline{Solution :}}}

Solution :

The price at which a thing is bought is the Cost Price of the item.

The price of which the thing is sold is the Selling Price of the item.

Here,

Selling Price = Rs.196

Cost Price = Rs.200

Whenever the Cost Price is greater then Selling Price it's Loss.

And, whenever the Selling Price is greater then Cost Price, it's a Profit.

Here the Cost Price > Selling Price

\therefore∴ It is a Loss

★ \boxed{\sf{Loss = Cost\:Price - Selling\:Price}}

Loss=CostPrice−SellingPrice

\sf{\implies} \: 200 - 196⟹200−196

\sf{\implies} \: 4⟹4

\boxed{\boxed{\sf{Loss = Rs.4}}}

Loss=Rs.4

\therefore∴ The loss is of Rs.4