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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