Super Profit & Loss Solver
Enter your buying and selling prices to find out if you made a profit or a loss!
The price you bought it for.
The price you sold it for.
Here is the Solution!
Step-by-Step
Understanding Profit and Loss
The Golden Rules
Whenever you buy or sell something, there are two magic numbers you need to know. The Cost Price (CP) is how much money you spent to buy the item. The Selling Price (SP) is how much money you received when you sold it.
Rule 1: If you sell it for more than you bought it (SP > CP), you make a Profit! 🎉
Rule 2: If you sell it for less than you bought it (CP > SP), you take a Loss. 📉
Calculating Percentages
Sometimes, just knowing the money amount isn't enough; we need to know the percentage to see how good the deal was. The secret to calculating Profit Percentage or Loss Percentage is that it is always calculated on the Cost Price (CP).
Formula: (Profit or Loss ÷ Cost Price) × 100
Frequently Asked Questions (FAQ)
What happens if Cost Price and Selling Price are exactly the same? ▼
If CP and SP are the same, it means you broke even! There is No Profit and No Loss. You have exactly the same amount of money you started with.
Why do we divide by Cost Price to find the percentage? ▼
Because your Cost Price is your starting point! Percentages show us how much our money grew or shrank compared to what we originally invested.