Question

c.p 740 s.p629 profit or loss​

Answer 1

Answer:

LOSS

Step-by-step explanation:

To calculate profit or loss you have to subtract the cost price and the sale price

c.p-s.p

740-629=111

Thus the loss is of 111

If the cost price is more it will be loss

If the sale price is more it will be profit

Answer 2

Question :-

If cost price is ₹740 and Selling price is ₹629 then find profit or loss..?

Answer :-

→ It get loss of ₹111.

To Find :-

→ Profit or loss

Formula used :-

• Profit = selling price - cost price

• Loss = cost price - selling price

Solution :-

Given that ,

• Cost price(CP) = ₹740
• Selling price (SP)= ₹629

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Then,

• For profit

→ Profit = SP - CP

→ Profit = 629 - 740 = - 111

So it is wrong ,means that object don't get profit .

• For loss

→ Loss = CP - SP

→ Loss = 740 - 629

→ Loss = 111

Hence that object get loss of ₹111 .

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