If the selling price is less than cost price, then there is a __________ in this transaction.

If the cost price is equal to the selling price, then there is __________.

Assertion : Rekha bought a saree for 1240 and sold it for 1147. Her loss is 93. Reason : If the selling price of an article is less than the cost price, then the difference between the cost price and the selling price is called profit.

If the cost price of 15 articles be equal to the selling price of 20 articles, then find the loss % in the transaction.

If the cost price of an article is Rs.55 and the sell-ing price is Rs.44, then the loss in this transaction is _________and the loss % is___________.

Selling price of 9 articles is equal to the cost price of 15 articles. In this transaction there is profit of 66(2)/(3)% . (True/False)

Loss If the selling price (S.P) of an article is less than the cost price (C.P) the difference between the cost price (S.P.) is called loss.