1 / 6

Profit and Loss percentage

Profit and Loss percentage. Lets take a look of price list of shopkeeper Raja again. When Raja sells mango he makes a profit of Rs 2 and when he sells Apple he also makes profit of Rs 2. Now just by profit value we cannot say that he benefits equally by selling mango and apple.

coler
Télécharger la présentation

Profit and Loss percentage

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Profit and Loss percentage

  2. Lets take a look of price list of shopkeeper Raja again. When Raja sells mango he makes a profit of Rs 2 and when he sells Apple he also makes profit of Rs 2. Now just by profit value we cannot say that he benefits equally by selling mango and apple. Similarly when Raja sells Banana there is loss of Rs 1 and when he sells orange there is also loss of Rs 1. Now just by loss value we cannot say that his losses is equally same by selling banana and orange. We need to find Profit percentage to compare the profit and loss percentage to compare loss. Profit Percentage or Loss Percentage is always calculated on the cost price of the article.

  3. Now lets calculate the profit% which Raja make when he sells mango and apple For Mango, CP=10,P=2 , ∴ For Apple, CP=8,P=2 , ∴ So Raja gains more by selling apple than mango. Now lets calculate the loss% which Raja make when he sells banana and orange For banana, CP=3,L=2 , ∴ For orange, CP=5,L=2 , ∴ So Raja losses more by selling banana than orange.

  4. Find the Profit/loss value Cost Price Profit/Loss Profit%/Loss% (CP) Value 150 Profit=30 250 Profit=40 180 Loss=40 250 Loss=50

  5. Example 1: Vinoth purchased a house for Rs 27, 50,000. He spent Rs 2,50,000 on repairs and painting. If he sells the house for Rs 33,00,000 what is his profit or loss % ? Solution Given: Purchase price : Rs 27,50,000, Repair Cost: Rs 2,50,000 , Selling price(SP)= Rs 33,00,000 Cost price(CP)= Purchase price + Repair Cost =27,50,000 + 2,50,000 ∴Cost price(CP)= Rs 30,00,000 Since SP>CP there is profit, Profit=SP-CP= 30,00,000 - 33,00,000 = Rs 3,00,000

  6. Example 2: A shop keeper bought 10 bananas for Rs 100. 2 bananas were rotten. He sold the remaining bananas at the rate of Rs 11 per banana. Find his gain or loss % Solution Given: Bananas purchased=10 bananas ,Cost price(CP)= Rs 100,Bananas rotten=2, Selling price per banana=Rs 11. Bananas left =total banana purchased – bananas rotten =10-2=8 Selling price(SP)=Bananas left * Selling price per banana =8*11=88 Since SP<CP there Loss, Loss=CP-SP=100-88=12

More Related