*********PROFIT AND LOSS*********

Selling price:Any product is sold at particular cost is called selling price.
It is represented by SP.

Cost price:Any product is bought at particular cost is called its cost price.
It is represented by CP.

Profit:When selling price is more than cost price of any product then the product makes profit. P=SP-CP

Loss:when selling price is less than cost price of any product then the product makes loss.
l=CP-SP
Profit percentage:Percentage of profit is profit made from the purchasing cost.
P% = (P/CP)*100
loss percentage: Percentage of loss is loss is caused from the purchasing cost.
l% = (l/CP)*100

********CHECK OUT SOLVED EXAMPLES********

1) Find profit or loss a)CP=5000,SP=6400 Ans:sp>cp so, it is profit P=SP-CP = 6400 - 5000 = 1400 check the answer!!!	b) CP=8,900, SP=4,500 Ans: CP>SP so,it is loss l= CP-SP = 8900-4500 = 4,400 check the answer!!!
Q2:Mohan bought 34 choclates at Rs.340 and sold at Rs 500.Find the profit or loss. check the answer!!!	Q3:Suresh has bought one T.V Rs.5000 and sold it after two years at Rs.4000.Find profit or loss percentage. Ans:SP=5000,CP=4000 CP>SP so,it is loss l=CP-SP=5000-4000 = 1000 l%= (l/CP)100= (1000/4000)100 =100/4 = 25% check the answer!!!
Q:4Suresh bought 3 dozen eggs at 200 and sold it a profit of 10%.Find the selling price of per egg. sh bought 3 dozen eggs at 200 and sold it a profit of 10%.Find the selling price of per egg. Ans:CP=200,let the profit be x. 10= (x/200)*100 = x=20 SP = cp+p SP = 200+20=220 36 eggs = 220 1 egg = 220/36= 6.10 check the answer!!!	Q.Find profit or loss percentage when a fruit seller bought five dozen oranges at 600 and sold at Rs.15 per orange. Ans:CP of 5 dozen = 600 5 dozen = 512= 60 CP of 60 oranges=600 CP of 1 orange=10 SP of 1 orange = 15 SP>CP p= sp-cp=15-10 = 5 p%=(5/10)100=50%, so 50% profit check the answer!!!

********TRY BY YOURSELF********

1.Find profit or loss:

a)sp=340,cp=345
b)cp=89,999 sp=56,666
c)cp=45,678 sp=49,678
d)cp=59,900 sp= 55,000
e)cp=90,567 sp= 95,000

Ans:1 a)loss=5 b)loss = 33,333 c)profit = 4,000 d)loss= 4,900 e) p =5433

Word Problem on profit and loss

Q1.A shopkeeper bought one pack of pen at Rs.56.50 and sold it to a boy at Rs78.Find profit or loss of shopkeeper.

Q2.Mohan bought one bicycle at Rs.1500 and color paints at Rs.550.He changes the color of cycle using color paint
and sells it to Soham at Rs.2500.Does he makes loss or profit at his buisness.

Q3.A green groccer buy 20 cauliflower from farmer at Rs.232 and sells it to common man
at Rs18.50 per cauliflower.Find profit or loss.

Q4.Find profit or loss percent when Sam purchase scooter at Rs.28,789 and sold it to a person at Rs.30,778.

Q5.Tony buys a gift article at Rs.2256 and makes 15% profit by selling it.Find cost price and profit.

Q6.Akash sold a book rack at Rs.5550 having profit of Rs.1200 .Find Profit % and cost price.

Q7.Rohan has a car repair shop,he buys an old car at Rs.97,890 and repair it by paying extra Rs.34500.
Now Rohan sells that car At Rs1,23,456. Find profit or loss percentage

Q8.A fruit seller loses 5% by Purchasing 3 dozen oranges at Rs.540 and selling at some price.
Find selling price of one orange.

Q9.Rakesh has a groccery shop,he buys one packet of gift articles at Rs.5670.
One packet has 20 gift articles and sells each gift particles at Rs. 320.00.find profit or loss%.

Q10.Mahesh buys 60 batteries at Rs.20 per battery.Find the Profit or loss percentage if he sells baterries at Rs.150 per dozen.
Ans:1) loss=21.50Rs. 2) profit = 450Rs. 3)profit = 6.90 Rs. 4)6.91% 5)338.40 6)C.P=4350,profit=27.89%

7) loss= 6.78% 8) S.P=Rs.15.75 9)profit= 12.87% 10)loss=27.5%

GO TO TOP

Profit and loss