Question

A book is purchased for Rs 350 and sold for Rs 180. Find out whether

it is a profit/loss and find out how much is the profit/loss.​

Answer 1

Answer:

It is a loss.

Loss = Rs. 170

Step-by-step explanation:

It is a loss, because CP > SP.

Loss = Rs. 350 - 180

= Rs. 170

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Answer 2

Answer:

It's a loss of ₹170

Explanation : CP = ₹350

SP = ₹180

Since , CP>SP

Status - Loss

Difference = ₹350-₹180

= ₹170