Question

A triangle with
An article bought for Rs. 200 is sold at Rs. 196 what is profit made or loss
incurred ?
(2
a statements are True or False :​

Answer 1

Answer:

The loss is of Rs.4

The Article was bought for Rs.200

Sold for = Rs.196

The loss

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

It is a Loss

loss =cp-sp

200-196

=4

the loss is of Rs.4

Explanation: