Question

When the cost of buying goods is more than the selling price then it is called as:

Answer 1

When the cost of buying goods is more than the selling price then it is called as loss.

● A loss is a lessening in overall gain that is outside the ordinary tasks of the business. ● Misfortunes can result from various exercises, for example, offer of an advantage for not as much as its conveying sum, the record of benefits, or a misfortune from claims.