Profit and Loss
Last updated at February 13, 2026 by Teachoo
Profit and Loss
Cost Price, Marked Price, Selling Price
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Class 8 (Ganita Prakash - 1, 2 & Old NCERT)
Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II)
- Percentage - Definition
- Figure it out - Page 3, 4
- Uses of Percentages
- Percentage of Some Quantity
- Finding Percentage Quickly
- Fractions, Decimals, and Percentages
- Percentages Greater than 100
- Figure it out - Page 12, 13, 14
- Comparing Proportions using Percentage
- Percentage Increase or Decrease
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Profit and Loss
- Taxes
- Figure it out - Page 19, 20
- Growth and Compounding
- Figure it out - Page 22, 23, 24
- Depreciation
- Tricky Percentages
- Finding Mistakes in Percentages
- Figure it out - Page 28, 29, 30
Transcript
Profit and LossIf Selling Price > Cost Price, it is Profit And, If Selling Price < Cost Price, it is Loss Let’s look at an example Now, let’s do another example Suppose I have a coke can I buy if for Rs 20, & sell it for Rs 25 So, ₹ 20 I buy if for Rs 20, & sell it for Rs 18 So, ₹ 20 Since SP > CP We have profit Profit = SP − CP = 25 − 20 = ₹ 5 Since CP > SP We have loss Loss = CP − SP = 20 − 18 = ₹ 2 Another example, Suppose I purchased the can for Rs 20 and sell it for Rs 20. What is my profit or loss? Now, CP = Rs 20 SP = Rs 20 So, CP = SP Profit or Loss = CP − SP = 20 − 20 = 0 So, when Cost Price = Selling Price There is no Profit, no Loss
