alleryStart learning →A seller buys a chair for ₹700, spends ₹50 repairing it and sells it for ₹700. What is the actual result?
A₹50 profit
B₹50 loss
CBreak-even
D₹100 loss
Answer & Solution
Correct answer: B. ₹50 loss
The repair raises total cost to ₹750, so selling for ₹700 incurs a ₹50 loss.
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