Contents
Formulas
Profit = S.P. – C.P.
Loss = C.P. – S.P.
Illustrative Examples
Example 1: Find the profit when C.P. is Rs 4575 and S.P. is Rs 5930.
Solution.
Profit = S.P. — C.P.
= Rs 5930 — Rs 4575
= Rs 1355
So, the profit is Rs 1355.
Example 2: Find the loss when C.P. is Rs 3860 and S.P. is Rs 9849.
Solution.
Loss = C.P. — S.P.
= Rs 3860 — Rs 3849
= Rs 11
So, the loss is Rs 11.
Example 3: Find the profit or loss when C.P. is Rs 4500 and S.P. is Rs 4729.
Solution. Here, S.P. > C.P. So, there is profit.
Profit = S.P. — C.P.
= Rs 4729 — Rs 4500
= Rs 229
So, the profit is Rs 229.
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