Question

application based question on profit and loss for grade5

Answer 1

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Answer 2

Tags: Definition of Profit, Examples on Profit and Loss for class V, Free Printable Worksheet PDF on Profit and Loss, Lesson on Profit and Loss for fifth grade, Formulas of Profit and Loss for grade 5, How do you calculate profit? Profit and Loss worksheet PDF for 5th Class, Solved example on Profit and Loss for fifth standard, Practice page on profit and loss, Practice Question on Profit and Loss, Finding Profit and Loss, Word problems on Profit and Loss with answers, Problems and solution on profit and loss, Questions and examples on profit and loss, Find the S.P, if C.P is rupees 2,000 and loss per cent is 20. Calculate S.P if C.P is rupees 3,400 and profit is rupees 400The price at which John buys sugar is the Cost Price. Therefore,cost price is the price at which an item is purchased.

The price at which John sells sugar is the Selling Price. Therefore, selling price is the price at which an item is sold.

When S.P > C.P, he makes profit or gain, i.e. Profit or Gain = S.P – C.P

When S.P < C.P, he suffer loss, i.e. Loss = C.P – S.P

Charges such as transportation cost, labor cost, salary or wages paid, installation charge etc. are called expenses and these has to be added to the C.P to get actual profit.

Profit% = Profit/C.P X 100

Loss% = Loss/C.P X 100