Question

What is the profit if the Cost price(CP) and the selling price(SP) are ₹ 3245 and ₹ 2367 respectively?​

Answer 1

Answer:

There will not be any profit

The loss will be Rs. 878

Step-by-step explanation:

Here the cost price and the selling price are given to be ₹ 3245 and ₹ 2367 respectively

We have to find the profit

But as the selling price is less than the cost price, there will be a loss

There will be no profit

loss = cost price - selling price

= 3245 - 2367

= 878

Answer 2

Answer:

Loss is Rs. 878 ,As Cost Price is more than the Selling Price

Step-by-step explanation:

Given:

Cost Price = Rs.3245

Selling Price = Rs.2367

Here, Cost Price > Selling Price

Loss = Cost Price - selling Price

        = Rs. 3245 - 2367 = Rs.878