if the selling price of an article is less than the cost price of the article then there is a
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there will be definitely a loss
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If the selling price of an article is less than the cost price of the article then there is a loss.
Step-by-step explanation:
To find : If the selling price of an article is less than the cost price of the article then there is a ?
Solution :
We know,
If the selling price (S.P.) of an article is less than the cost price (C.P) the difference between the cost price (C.P.) and selling price (S.P.) is called loss.
For example,
The cost price price of the article is Rs.10.
The selling price of the article is Rs. 5
Loss = Cost price - Selling price
Loss = Rs.10-Rs.5
Loss = Rs.5
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If the selling price of an article is less than the cost price of the article then, there is a
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