Question

if the cost price of a dinner set is 4986 and the shopkeeper sells it at a price of 4500,then find the profit or loss made by the shopkeeper ​

Answer 1

Step-by-step explanation:

cost of dinner set = Rs. 4986

selling price of dinner set= Rs 4500

cost price is greater than selling price therefore they hear is a loss

loss = CP- SP

= Rs. 4986- Rs 4500

= Rs. 486