Question

9. Which of the following statements
(20
(1) If cost price is greater than selling price, then there is a profit.
(2) If selling price is greater than cost price, then there is a loss.
(3) If selling price is less than cost price, then there is a profit.
(4) If cost price is less than selling price then
selling price then there is a profit.​

Answer 1

Answer:

4 if the cost price is less than seeling price

Answer 2

Answer:

I think statement one is wrong cause it is loss in that case

only statement four is correct