Question

An article bought for Rs 300 was sold for Rs 210. Find the profit/loss amount.

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Answer 1

Answer:

loss 90 rupees

Step-by-step explanation:

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Answer 2

Answer:

Given:-

An article bought for ₹300 was sold for ₹210. Find the profit/loss amount.

To Find:-

The profit/loss amount.

Note:-

●》If a sold amount is more than of amount which is used for bought, then it is called as profit.

●》If a sold amount is less than of amount which is used for brought, then it is called as loss.

●》Sold amount is also known as S.P. ( Selling price ), Brought amount is also known as C.P. ( Cost price )

●》For finding the profit = ( sold amount or S.P. ) - ( brought amount or C.P. )

●》For finding the loss = ( Brought amount or C.P. ) - ( Sold amount or S.P. )

Solution:-

C.P. or brought amount = ₹300, S.P. or Sold amount = ₹210.

☆ As we compare the amount~

▪︎$₹300 > ₹210$

C.P. or brought amount is greater than S.P. or sold amount.

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☆ So, according to note second and fifth point ( C.P. is greater so loss is there)~

▪︎$Loss = C.P. - S.P$

▪︎$Loss = ₹300 - ₹210$

☆ After doing calculations~

▪︎$Loss = ₹90$

Answer:-

Hence, the article is Loss and the Loss amount = $₹90$

:)