plz explain using the steps n formula
plz help me
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ᴄᴘ sᴛᴀɴᴅs ғᴏʀ ᴄᴏsᴛ ᴘʀɪᴄᴇ
sᴘ sᴇɴᴅs ғᴏʀ sᴇʟʟɪɴɢ ᴘʀɪᴄᴇ
ɪғ sᴘ ɪs ɢʀᴇᴀᴛᴇʀ ᴛʜᴀɴ ᴄᴘ ᴛʜᴇɴ ᴛʜᴇʀᴇ ɪs ᴘʀᴏғɪᴛ
ɪғ ᴄᴘ ɪs ɢʀᴇᴀᴛᴇʀ ᴛʜᴀɴ sᴘ ᴛʜᴇɴ ᴛʜᴇʀᴇ ɪs ʟᴏss
ᴄᴘ = ₹1210
sᴘ = ₹1190
ʜᴇʀᴇ ʏᴏᴜ ᴄᴀɴ sᴇᴇ ᴛʜᴀᴛ ᴄᴘ ɪs ɢʀᴇᴀᴛᴇʀ ᴛʜᴀɴ sᴘ, sᴏ ᴛʜᴇʀᴇ ᴡᴏᴜʟᴅ ʙᴇ ʟᴏss.
sᴏ, ₹ 1210 - ₹ 1190 = ₹20
ᴛʜᴇʀᴇ ɪs ᴀ ʟᴏss ᴏғ ᴛᴏᴛᴀʟ ₹ 20.
ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs ʏᴏᴜ
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i hope this answer helpful to you
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