If cost price of a book is rs 100, selling price is rs .50 then it is a profit?
Answers
Answered by
4
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
Answered by
3
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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