A book is purchased for $30 and sold for $50. Did the seller make a profit or a loss?
Profit
An item was bought for $15 and sold for $12. Did the seller make a profit or a loss?
Loss
If the selling price is $50 and the cost price is $40, is it a profit or a loss?
Profit
If the selling price is $200 and the cost price is $180, is it a profit or a loss?
Profit
An item was bought for $25 and sold for $30. Did the seller make a profit or a loss?
Profit
If the selling price is $70 and the cost price is $80, is it a profit or a loss?
Loss
A shirt is purchased for $20 and sold for $18. Did the seller make a profit or a loss?
Loss
If the selling price is $200 and the cost price is $500, it a profit or a loss?
Loss
