Question

Complete the table :-

Cost price Selling price Profit Loss

(a) Rs. 450 Rs. 400

(b) Rs. 900 Rs. 1050

(c) Rs. ------ Rs. 256 Rs. 16​

Answer 1

Answer:

a) selling price is lesser than cost price so loss

₹50 is loss

b) Selling price is greater than cost price so profit

₹150 profit

c)We doesn't know that the ₹16 is loss or profit so cost price may be

272 if it was a loss and

240 if it was a profit