1. Given SP and CP find Profit or Loss value

2. Profit and Loss
Raja, the fruit seller buys fruits from the whole sale market at a low price.
The price at which Raja buys the fruit at the
market is called the Cost Price(C.P.).
Raja then sells the fruits in his shop.
The price at which he sells the fruit in his stall
is called the Selling Price (S.P.).

3. From the price list we can say that the
Selling price(SP) of the apples and the
mangoes in the shop are greater than their
respective Cost price(CP) in the whole sale
market.
The shopkeeper Raja gets some amount in addition to the cost price. This additional
amount is called the profit. So when Selling price(SP) > Cost price(CP) then there is
profit
Therefore Selling Price (SP)= Cost Price(CP) + Profit(P)
Hence Profit(P) = Selling Price(SP) – Cost Price(CP)
For apples , Cost Price(CP)=6, Selling Price (SP)=8
Profit(P) =SP-CP=8-6=2
So the shopkeeper has a profit of Rs 2 while selling apples

4. From the price list we see that the selling price of banana and orange are lesser than the cost price.
The shopkeeper Raja looses some money compared to Cost price. This amount is
called the Loss. So when Selling price(SP) < Cost price(CP) then there is loss
Therefore Selling Price (SP)= Cost Price(CP) - Loss(L)
Hence Loss(L) = Cost Price(CP) - Selling Price (SP)
For banana , Cost Price(CP)=3, Selling Price (SP)=2
Loss(L) =CP-SP=3-2=1
So the shopkeeper has a loss Rs 1 while selling banana

5. 20 50 50>20 i.e SP>CP hence Profit
Find Profit/Loss
Cost Price Selling Price Profit/Loss
(CP) (SP) (P/L)
>20 i.e SP>CP hence Profit
<10 i.e SP<CP hence Loss
>12 i.e SP>CP hence Profit
<20 i.e SP<CP hence Loss

6. Try these Find whether it is profit or loss
Cost Price = Rs , Selling Price = Rs 3200
Selling Price = Rs , Cost Price = Rs 20500
Cost Price = Rs , Selling price = Rs 2900