Let's solve each part of the table step by step.
We are given:
-
Cost Price (CP): The price at which an item is bought.
-
Selling Price (SP): The price at which an item is sold.
-
Profit = SP - CP (if SP > CP)
-
Loss = CP - SP (if CP > SP)
If SP > CP → Profit
If SP < CP → Loss
If SP = CP → No profit, no loss
---
Let’s fill in the missing values one by one.
---
(a)
- CP = $5000
- SP = $6000
- Profit = 6000 - 5000 =
$1000 ✔ (already given)
- Loss = 0 (since there is a profit)
→
Loss = $0
---
(b)
- CP = $12000
- SP = $10000
- Since SP < CP →
Loss
- Loss = 12000 - 10000 =
$2000
- Profit = 0 (no profit)
→
Profit = $0,
Loss = $2000
---
(c)
- CP = $1800
- SP = $2400
- SP > CP →
Profit
- Profit = 2400 - 1800 =
$600
- Loss = 0
→
Profit = $600,
Loss = $0
---
(d)
- CP = $5400
- SP = $7200
- SP > CP →
Profit
- Profit = 7200 - 5400 =
$1800
- Loss = 0
→
Profit = $1800,
Loss = $0
---
(e)
- CP = $9100
- SP = $8000
- SP < CP →
Loss
- Loss = 9100 - 8000 =
$1100
- Profit = 0
→
Profit = $0,
Loss = $1100
---
(f)
- CP = $6200
- SP = $6000
- SP < CP →
Loss
- Loss = 6200 - 6000 =
$200
- Profit = 0
→
Profit = $0,
Loss = $200
---
(g)
- CP = $3300
- SP = $4000
- SP > CP →
Profit
- Profit = 4000 - 3300 =
$700
- Loss = 0
→
Profit = $700,
Loss = $0
---
(h)
- CP = $1100
- SP = $1900
- SP > CP →
Profit
- Profit = 1900 - 1100 =
$800
- Loss = 0
→
Profit = $800,
Loss = $0
---
✔ Final Completed Table:
| S.No. | Cost Price | Selling Price | Profit | Loss |
|-------|------------|---------------|--------|------|
| (a) | $ 5000 | $ 6000 | $ 1000 | $ 0 |
| (b) | $ 12000 | $ 10000 | $ 0 | $ 2000 |
| (c) | $ 1800 | $ 2400 | $ 600 | $ 0 |
| (d) | $ 5400 | $ 7200 | $ 1800 | $ 0 |
| (e) | $ 9100 | $ 8000 | $ 0 | $ 1100 |
| (f) | $ 6200 | $ 6000 | $ 0 | $ 200 |
| (g) | $ 3300 | $ 4000 | $ 700 | $ 0 |
| (h) | $ 1100 | $ 1900 | $ 800 | $ 0 |
---
🔍 Summary:
-
Profit occurs when Selling Price > Cost Price
-
Loss occurs when Selling Price < Cost Price
- Always compute:
→ Profit = SP - CP (if positive)
→ Loss = CP - SP (if positive)
Let me know if you'd like this in a downloadable format or need explanations for any specific row!
Parent Tip: Review the logic above to help your child master the concept of profit and loss worksheet.