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If a retailer bought some books for ₹7500 and spent ₹500 on transportation charges, then find the overall loss incurred by him, if he sold them fo

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If a retailer bought some books for ₹7500 and spent ₹500 on transportation charges, then find the overall loss incurred by him, if he sold them for ₹ 7950.
A. ₹ 40
B. ₹50
C. No loss
D. ₹ 500
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Correct Answer - B
C.P. =Actual cost formula for S.P.
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