Question

If cost price of a book is rs 100, selling price is rs .50 then it is a profit?

Answer 1

Answer:

It is a loss of ₹50.

Step-by-step explanation:

Cost Price = ₹100

Selling Price = ₹50

Here the cost price is more than the selling price.  ∴ It is a loss.

Loss = Cost Price - Selling Price

       = ₹100 - ₹50

       = ₹50

Answer 2

Cost price of a book = Rs 100

Selling Price              = Rs 50

Profit                          = Selling price - Cost price

                                  = Rs 100 - Rs 50

                                  = Rs 50

Profit % = Profit  upon Cost price x 100

              =  50 upon 100 x 100 = 50%

Profit     = Rs 100

Profit % = 50%

Hope it was helpful,

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