Ashma sells an article for Rs. 540 which she bought for Rs. 620. Find her profit or loss.

Answer

To solve the problem step by step, we will determine whether Ashma made a profit or a loss from selling the article.

### Step 1: Identify the Selling Price (SP) and Cost Price (CP)
- Selling Price (SP) = Rs. 540
- Cost Price (CP) = Rs. 620

### Step 2: Determine if there is a Profit or Loss
To find out if Ashma made a profit or a loss, we need to compare the Selling Price (SP) with the Cost Price (CP).

### Step 3: Calculate the Loss
Since the Cost Price (CP) is greater than the Selling Price (SP), Ashma incurred a loss. We can calculate the loss using the formula:
\[ \text{Loss} = \text{CP} - \text{SP} \]

### Step 4: Substitute the Values
Now, substitute the values of CP and SP into the formula:
\[ \text{Loss} = 620 - 540 \]

### Step 5: Perform the Calculation
Now, let's do the subtraction:
\[ \text{Loss} = 80 \]

### Step 6: Conclusion
Ashma incurred a loss of Rs. 80.

### Final Answer:
**Loss = Rs. 80**

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