1. Sub. :- Mathematics Std. :- 5 th Chapter no. 6

2. Cost price : The price for which an article is purchased, is called the cost price or cost of an article.

3. Selling price- The price for which an article is sold, is called the selling price of an article.

4. Profit = selling price – cost price Loss = cost price – selling price

5. Exam.12345 Cost price (Rs.) 6503801000850231 Selling Price (Rs.) 5004109201000200 Profit/LossLossProfitLossProfitLoss Was there a profit or loss in each transaction

6. Example- Ramesh purchased a cupboard for Rs 3,580 & sold it for Rs 3705. How much profit did he make? Given cost price = Rs 3580 selling price= Rs 3705 To find profit Profit = selling price – cost price Profit = 3705 – 3580 Profit = Rs 625 Answer- Ramesh made profit of Rs 625.

7. Example- Ganesh purchased bananas for Rs 1075 & sold it for Rs 1000. How much did he lose? Given cost price = Rs 1075 selling price= Rs 1000...... To find loss Loss = cost price - selling price Loss = 1075 – 1000 Loss = Rs 75 Answer- Ganesh incurred loss of Rs 75.

8. Example- Amar purchased various vegetables for Rs 3075 & sold it for Rs 4575. How much did he profit or loss he made? Given cost price = Rs 3075 selling price= Rs 4575 Selling price is greater than cost price...... to find profit Profit = selling price – cost price Profit = 4575 – 3075 Profit = Rs 1500. Answer- Amar made profit of Rs 1500.

9. Example- Vishal purchased plot for Rs 1,00,000 &after some days due to recession in market he sold it for Rs 80,000. How much did he lose? Given cost price = Rs 100000 selling price= Rs 80000 Selling price is smaller than cost price...... to find loss Loss = cost price - selling price Loss = 100000 – 80000 Loss = Rs 20000 Answer- Vishal incurred loss of Rs 20000.