Question

If there is loss in a transaction then which one is correct?
1- C.P > S.P
2- S.P > C.P
3- S.P = C.P​

Answer 1

Answer:

The Correct answer is Option 1) C.P > S.P.

When Loss in Transaction:-

☆ 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 the selling price (S.P.) is called loss. Thus, if S.P. < C.P ☆.

Step-by-step explanation:

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