Yasmin bought a suit for Rs. 560 and sol it for Rs. 500 . Which of the following Didi he make
a. profit Rs. -60
b. loss Rs. -60
c. profit Rs. 60
d. none of this
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Answer:
buying price = 560
selling price = 500
= selling price - buying price = X
= 500 - 560 = 60
= ( if selling price is less than buying price then it is loss)
= loss Rs. -60
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