Mathematics
Profit and Loss
Calculate profit, loss and profit percentage.
Profit = SP - CP; Loss = CP - SP; Profit% = (Profit / CP) × 100
Formula Explanation
Profit occurs when selling price exceeds cost price. Loss occurs when selling price is lower.
Variables Explained
CP = Cost Price; SP = Selling Price.
Solved Example
An item costs ₹800 and sells for ₹1,000. Find profit percentage.
Profit = 1000 - 800 = ₹200. Profit% = (200 / 800) × 100 = 25%.