Maths-
General
Easy

Question

Make a valid conclusion in the situation.
If cost price < selling price, then the transaction makes profit.
Cost price = $100 and selling price = $150.

The correct answer is: Hence we can conclude that the transaction makes profit.


    Hint:
    Law of Detachment states that if pnot stretchy rightwards arrow  q is true and it is given that p is true then we can conclude that q is also true. Here, the statement is termed as Hypothesis and the statement q is termed as conclusion.
    Solution
    Consider the statement into two separate statements
    p: Cost price < Selling price
    q: The transaction makes profit
    So we can write the given statement “If cost price < selling price, then the transaction makes profit” as:
    not stretchy rightwards arrowq
    We are given
    Cost price = $100 and Selling price = $150
    Here, Cost price < Selling price so we can say that the p statement is true and hence we can conclude that the q statement is also true i .e the transaction makes profit.
    Final Answer:
    Hence we can conclude that the transaction makes profit.

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