Question

( Which of the following statements is true? )

(1) If cost price is greater than selling price, then there is a profit.

(2) If selling price is greater than cost price, then there is a loss.

(3) If selling price is less than cost price, then there is a profit.

(4) If cost price is less than selling price then there is a profit.​

Answer 1

Answer:

false

false

false

true

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