If the cost price is 1,00,000 rupees and the selling price is 1,00,000 rupees, then is it a profit or loss?

Given:

Cost price $=Rs.\ 1,00,000$

Selling price $=Rs.\ 1,00,000$

To do:

We have to find if there is a profit or loss.

Solution:

We know that,

If the selling price is greater than the cost price then there is a profit.

If the selling price is less than the cost price then there is a loss.

Therefore, if S.P. $=$ C.P. $=Rs.\ 1,00,000$, then there is no profit or loss.

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Updated on: 10-Oct-2022

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