Question

dhruv brought a phone rupees 7000 and sold it for rupees 4400.find hisprofit or loss​

Answer 1

Answer:

the answer is 2600

Step-by-step explanation:

as the cost price is 7000

and the selling price is 4400

so as sp is less than cp so it is a loss.

So;

CP -SP

7000-4400=> 2600

Answer 2

Answer:

Cost of the phone = ₹7000

Money he sold the phone for= ₹4400

Profit or loss=?

= Cost of the phone - money he sold the phone for

= ₹7000 - ₹4400

= ₹2600

So it's a loss as the cost of the phone was more that the cost he sold the phone for.

He had a loss of ₹2600

Hope it helps

Thanks