SOLUTION: . If selling price is less than cost price, we say that the seller incurred a Loss all of these interest profit none of these

SOLUTION: . If selling price is less than cost price, we say that the seller incurred a Loss all of these interest profit none of these

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Question 977965: . If selling price is less than cost price, we say that the seller incurred a
Loss
all of these
interest
profit
none of these

Answer by Edwin McCravy(20055) (Show Source): You can put this solution on YOUR website!

If the seller paid more for something than he sells it for, he LOSES MONEY.

When somebody LOSES MONEY, it's called a LOSS!

Duh.

Edwin

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