s.p =$100, c.p= $ 120 then loss
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Answer:
Given cost price (C.P) = $120
Given selling price (S.P) = $100
Over here, you can clearly see that cost price is bigger than selling price. So,
Loss = C.P - S.P
⇒ Loss = $120 - $100
⇒ Loss = $20
∴ Loss = $20
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