16 profit and loss worksheet - Free to Edit, Download & Print ... - Free Printable

To solve the problems in the "Profit / Loss Worksheet," we need to calculate whether there is a profit or loss for each scenario and determine the amount of profit or loss. The formulas are as follows:

- Profit = Selling Price - Cost Price
- Loss = Cost Price - Selling Price

Let's solve each problem step by step.

---

Problem 1:

- Cost Price (CP) = 290
- Selling Price (SP) = 325

#### Step 1: Compare SP and CP
Since SP > CP, there is a Profit.

#### Step 2: Calculate Profit
\[
\text{Profit} = \text{SP} - \text{CP} = 325 - 290 = 35
\]

#### Answer:
\[
\boxed{\text{Profit} = 35}
\]

---

Problem 2:

- Cost Price (CP) = 263
- Selling Price (SP) = 195

#### Step 1: Compare SP and CP
Since SP < CP, there is a Loss.

#### Step 2: Calculate Loss
\[
\text{Loss} = \text{CP} - \text{SP} = 263 - 195 = 68
\]

#### Answer:
\[
\boxed{\text{Loss} = 68}
\]

---

Problem 3:

- Cost Price (CP) = 98
- Selling Price (SP) = 93

#### Step 1: Compare SP and CP
Since SP < CP, there is a Loss.

#### Step 2: Calculate Loss
\[
\text{Loss} = \text{CP} - \text{SP} = 98 - 93 = 5
\]

#### Answer:
\[
\boxed{\text{Loss} = 5}
\]

---

Problem 4:

- Cost Price (CP) = 144
- Selling Price (SP) = 170

#### Step 1: Compare SP and CP
Since SP > CP, there is a Profit.

#### Step 2: Calculate Profit
\[
\text{Profit} = \text{SP} - \text{CP} = 170 - 144 = 26
\]

#### Answer:
\[
\boxed{\text{Profit} = 26}
\]

---

Problem 5:

- Cost Price (CP) = 54
- Selling Price (SP) = 45

#### Step 1: Compare SP and CP
Since SP < CP, there is a Loss.

#### Step 2: Calculate Loss
\[
\text{Loss} = \text{CP} - \text{SP} = 54 - 45 = 9
\]

#### Answer:
\[
\boxed{\text{Loss} = 9}
\]

---

Final Answers:

1. Profit = 35
2. Loss = 68
3. Loss = 5
4. Profit = 26
5. Loss = 9

\[
\boxed{35, 68, 5, 26, 9}
\]