Question

Rashmi bought aCD player for 2200 of sold it for 1980.find the profit or loss.

Answer 1

profit=cp-sp

profit=2200-1980=220

Answer 2

$\underline{\bold{Given:}}$

• Cost price = Rs.2200

• Selling price = Rs.1980

$\underline{\bold{We\:know\:that,}}$

When CP > SP then there is loss.

When SP > CP then there is Profit.

According to the question,

$\therefore$ Cost price > Selling price then here is a loss.

$\underline{\bold{We\:know\:that}}$

Loss = CP - SP

According to the question,

$\implies\bold{Loss = Rs.2200 - Rs.1980 = Rs.220.}$

$\boxed{\boxed{\bold{Loss=Rs.220}}}$