3. Learning outcome
After this lesson students . . .
• will be able to explain profit & Loss
• Calculate basic problem.
4. Profit and Loss
Profit : When you sell something for
MORE than you bought it.
Loss : When you sell something for
LESS than you bought it.
PROFIT = Selling Price – Buying Price
LOSS = Buying Price – Selling Price
5. Profit and Loss
Example 2
I bought a bunch of flowers for Tk.5.50 and tried to sell
them for a profit. But I found it difficult to sell them. I sold
them for Tk.4.00 before they went off.
Example 1
If I buy a Play station for Tk.100 and sell it for Tk.120.
Tk.120-Tk.100 = Tk. 20I have made a PROFIT of
I made a LOSS of TK.5.50 – Tk.4.00 = Tk.1.50
6. Now try
If I buy a Play station for Tk.80 and
sell it for Tk.120.What is the
percentage of profit?
Percentages