The seller incurs a loss If the selling price of an article is______ than its cost price.​

By Ruby

The seller incurs a loss If the selling price of an article is______ than its cost price.​

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Ruby

2 thoughts on “The seller incurs a loss If the selling price of an article is______ than its cost price.​”

  1. Answer

    • The seller incurs a loss If the selling price of an article is Less than its cost price.

    More Information

    • If the Sales Price> Cost Price then you have a profit and the difference between the prices is called profit.
    • If the Retail Price <Cost Price then you lose and the difference between prices is called loss.
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