Question

sell price = 600 cost price = 700 is it a loss or profit​

Answer 1

Answer:

it is a loss

Explanation:

of ₹100

₹700-600

₹100 loss

Answer 2

Answer:

Hence it is a Loss of Rs.100

Explanation:

As per the data given in the above question,

The given value is the selling price is Rs.600

The cost price is Rs.700

We have to find the profit or loss.

Here we have to use the formula of loss,

Loss = Cost price - Selling price,

That is L = C.P-S.P

Where S.P is selling price,

And C.P is cost price,

Substitute the value in the above loss formula we get,

$Loss=700-600\\Loss=Rs.100$

Hence it is a Loss of Rs.100

Note:-sell price = Rs.600 cost price = Rs.700 is it a loss or profit​