Question

a shirt bought for ₹2500 and sold at ₹1500 , find profit and loss​

Answer 1

Answer:

cp=2500

sp=1500

loss=cp-sp

2500-1500=1000

loss 1000

Step-by-step explanation:

Answer 2

they had loss of 1000 Rs.

how? let's know :-

when CP is bigger than SP than there is a loss, for that we use CP - SP, As shown in the question.

Example:-

I Bought a pencil costs 20 Rs. and sold it for 10 Rs.