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How to calculate profit and loss using C.P. and S.P.

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Hello, BodhaGuru Learning proudly presents an animated video in English for children, which explains the basic concept of profit and loss i.e. how to calculate profit and loss, what is cost price and selling price etc. using real life examples.

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Maths - How to calculate percentage of profit-loss - English

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Hello, BodhaGuru Learning proudly presents an animated video in English which explains the concept of percentage.It shows how to calculate percentage and how to solve percentage world problem related to profit-loss i.e. how to calculate percentage of profit-loss.

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Online Worksheet

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Fill in all the gaps, then press "Check" to check your answers. Use the "Hint" button to get a free letter if an answer is giving you trouble. You can also click on the "[?]" button to get a clue. Note that you will lose points if you ask for hints or clues!

You can use the free Mathway calculator and problem solver below to practice Algebra or other math topics. Try the given examples, or type in your own problem and check your answer with the step-by-step explanations.

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Percentages Word Problems Worksheet (Part 4)

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Fill in all the gaps, then press "Check" to check your answers. Use the "Hint" button to get a free letter if an answer is giving you trouble. You can also click on the "[?]" button to get a clue. Note that you will lose points if you ask for hints or clues!

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Profit and loss

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Profit and Loss Important Formulas - Aptitude Questions and Answers

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This is the aptitude questions and answers section on "Profit and Loss Important Formulas" with explanation for various interview, competitive examination and entrance test. Solved examples with detailed answer description, explanation are given and it would be easy to understand.

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6. worksheet on calculating CP- Practice assignment

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6. worksheet on calculating CP- Practice assignment

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When SP and P% or L% given

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Worksheet on Calculating Cost Price | Selling Price | Profit or Loss Percent

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Practice the questions given in the worksheet on calculating cost price. We know, the cost price (C.P.) of an article is the price at which the article is bought. 1. Find the cost price, if:

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7. Worksheet on calculating SP- Practice assignment

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7. Worksheet on calculating SP- Practice assignment

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When CP and L% or P% given

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Worksheet on Calculating Cost Price | Selling Price | Profit or Loss Percent

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Practice the questions given in the worksheet on calculating cost price. We know, the cost price (C.P.) of an article is the price at which the article is bought. 1. Find the cost price, if:

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Solved Examples

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The overhead charges become a part of the cost price.

Suppose a person buys some goods from California for $4500 and sells them in New York for $5700; it seems as the person has made a profit = $5700 - $4500 = $1200

So, does he actually gain $1200 on this transaction?

It is not true because the person must have definitely spent some money on:

(i) his travelling from New York to California and then back to New York;

(ii) transportation of the goods bought, etc.

Because of these extra expenses (which is known as overheads), the actual profit made by the person becomes less than $1200. Sometimes, he may even have loss in such a transaction if the overhead expenses exceed $1200.

Cost price (C.P.) = Payment made while purchasing the articles + overhead charges (i.e. extra expenses).

Solved example to calculate overhead charges:

1. Mike buys some electronic goods from a wholesaler for $650 and spends $100 on its transportation's, etc. If he sells these electronic goods for $900; find the profit or loss made by him and express it as percent.

Since, the Mike buys electronic goods for $650 and spends $100 on it transportation.

The total cost price of electronic goods for Mike = $650 + $100 = $750

Given, selling price = $900; [which is more than total C.P.]

Therefore, profit = $900 - $750 = $150

Also, profit% = (profit/total cost price) × 100%

= 150/750 × 100%

2. A trader at Texas buys a television for $7000 from Florida and sells it in Texas for $7600. If his overhead expenses amount to $1000; find his profit or loss in this transaction and express it as percent.

Total C.P. of the television for trader = $7000 + $1000 = $8000

Given, S.P. = $7600; [which is less than total cost price]

Therefore, loss = $8000 - $7600 = $400

Also, loss% = (loss/total C.P.) × 100%

= 400/8000 × 100%

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To find Profit or Loss when Cost Price and Selling Price are Given

To find Selling Price when Cost Price and Profit or Loss are Given

To find Cost Price when Selling Price and Profit or Loss are Given

Calculate Profit and Selling Price

Discount and Discount Percent

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Overhead Charges | Maintenance Charges | Freight Charges |Transportation charges

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The overhead charges become a part of the cost price. Suppose a person buys some goods from California for $4500 and sells them in New York for $5700; it seems as the person has made a profit = $5700 - $4500 = $1200 So, does he actually gain $1200 on this transaction?

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Introduction video

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Discounts, Sale Price, and Original Price

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Calculating discount