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 p 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:
p q
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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