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find the profit or loss if CP is equal to Rupee 4892 SC is equal to rupees 4000

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find the profit or loss if CP is equal to Rupee 4892 SC is equal to rupees 4000
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Cost price of an item is Rs. 4,892 

Selling price of an item is Rs. 4000 

If selling price is more than cost price, then there is profit. 

From given, C. P > S.P, which is a loss. 

Therefore, 

Loss = C.P - S.P = 4000-4892 =892

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