Question

Rahim bought a bicycle for rupees 1600 and next year he sold it for rupees 1400 he got profit or loss​

Answer 1

Answer:

It is loss

Step-by-step explanation:

see if you buy a mercedes for 1 lakh ( assumption)

and next year you sold it for 10 thousand clearly it is loss

then coming on your question

Cp =1600

Sp = 1400

then , loss= Cp -Sp

=1600 - 1400

= Rs 200

it is loss

Answer 2

Answer:

loss=200 ; loss

Step-by-step explanation:

cost price =1600

I hope we can understand this problem