Block 11, Lesson 1:

Profit and Loss

Percent
“23 Whatever you do, work heartily, as for the Lord and not for men, 24 knowing that from
the Lord you will receive the inheritance as your reward. You are serving the Lord Christ.”
-- Colossians 2:23-24--
ESLR: Through understanding Ratio and Proportion,
Faithians will learn that God is Immutable. So,
Faithians acknowledge that God is the beginning
and the end, and entrust their lives and future to
God.
PRINCIPLE: Faithians entrust their lives and future
to God.
BIBLE VERSE: “Jesus Christ is the same yesterday
and today and forever.” -- Hebrews 13:8
Students will be able to:
• Find the profit or loss percentage
given the cost price and selling
price.
A vegetable vendor bought vegetables at
P300 and sold them for P200.
What is the price at which
the vendor bought the
vegetables?
P300
Cost Price
A vegetable vendor bought vegetables at
P300 and sold them for P200.
What is the price at which
the vendor sold the
vegetables?
P200
Selling Price
Did he loss or gain?
LOSS
How much did he loss?
300 – 200 = ____
100 pesos
What is the percentage of his loss?
Loss, L = Cost Price – Selling Price
Lost percent is incurred on
every 100 piece of the
cost price.
𝑳𝒐𝒔𝒔
𝑳𝒐𝒔𝒔 % = 𝒙 𝟏𝟎𝟎
𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
What is the percentage of his loss?
Loss, L = Cost Price – Selling Price
𝑳𝒐𝒔𝒔
𝑳𝒐𝒔𝒔 % = 𝒙 𝟏𝟎𝟎
𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
𝟏𝟎𝟎
𝑳𝒐𝒔𝒔 % = 𝒙 𝟏𝟎𝟎
𝟑𝟎𝟎
𝑳𝒐𝒔𝒔 % = 𝟎. 𝟑𝟑 𝒙 𝟏𝟎𝟎
𝑳𝒐𝒔𝒔 % = 𝟑𝟑%
Profit, P = Selling Price – Cost Price
Lost percent is incurred on
every 100 piece of the
cost price.
𝑷𝒓𝒐𝒇𝒊𝒕
𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝒙 𝟏𝟎𝟎
𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
Today, we will learn
about cost price,
selling price, profit,
and percentage.
Q: WHAT IS COST PRICE?
A: In retail systems, the cost price represents
the specific value that represents unit price
purchased.
Q: WHAT IS SELLING PRICE?
A: The selling price is how much a buyer pays
for a product or service.
Q: WHAT IS PROFIT?
A: It is the excess of returns over expenditure
in a transaction or series of transactions.
Q: WHAT IS PERCENTAGE?
A: A rate, number, or amount in each
hundred.
GROUP ACTIVITY:
1. Tim bought a toy car for P1,200 and sold it to
Andy for P1,500. find his profit or loss percentage.
2. If a storekeeper buys a book at ₱200 and sells it at
₱230, find his profit or loss percentage.
3. Rachel purchased a necklace for ₱2,000 and sold it
at a price of ₱1,600.
4. Andy bought a toy car from Tim for P1,500 and
sold it for P1,350. Find his profit or loss percentage.
GROUP ACTIVITY #1:
1. Tim bought a toy car for P1,200 and sold it to
Andy for P1,500. find his profit or loss percentage.
• What is asked in the problem?:
The profit or loss percentage of Tim in selling a toy
car.
• What are the given?
Cost Price – P1,200
Selling Price – P1,500
• What operation to be used in find the loss/profit?
Subtraction
• Solution:
Step 2: Find the per cent
Step 1: Find the profit. 𝑷𝒓𝒐𝒇𝒊𝒕
𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝒙 𝟏𝟎𝟎
𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
P = S.Price – C.Price
𝟑𝟎𝟎
P = 1500 – 1200 𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝒙 𝟏𝟎𝟎
𝟏𝟐𝟎𝟎
P = 300 𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝟎. 𝟐𝟓 𝒙 𝟏𝟎𝟎
𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝟐𝟓%
GROUP ACTIVITY #2:
2. If a storekeeper buys a book at ₱200 and sells it at
₱230, find his profit or loss percentage.
• What is asked in the problem?:
The profit or loss percentage of storekeeper in
selling books.
• What are the given?
Cost Price – P200
Selling Price – P230
• What operation to be used in find the loss/profit?
Subtraction
• Solution:
Step 2: Find the per cent
Step 1: Find the profit. 𝑷𝒓𝒐𝒇𝒊𝒕
𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝒙 𝟏𝟎𝟎
𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
P = S.Price – C.Price
𝟑𝟎
P = 230 – 200 𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝒙 𝟏𝟎𝟎
𝟐𝟎𝟎
P = 30 𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝟎. 𝟏𝟓 𝒙 𝟏𝟎𝟎
𝑷𝒓𝒐𝒇𝒊𝒕 % = 𝟏𝟓%
GROUP ACTIVITY #3:
3. Rachel purchased a necklace for ₱2,000 and sold it
at a price of ₱1,600.
• What is asked in the problem?:
The profit or loss percentage of Rachel in selling
books.
• What are the given?
Cost Price – P2,000
Selling Price – P1,600
• What operation to be used in find the loss/profit?
Subtraction
• Solution:
Step 2: Find the per cent
Step 1: Find the LOSS. 𝑳𝒐𝒔𝒔
𝑳𝒐𝒔𝒔 % = 𝒙 𝟏𝟎𝟎
𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
L = C.Price – S.Price
𝟒𝟎𝟎
𝑳𝒐𝒔𝒔 % = 𝒙 𝟏𝟎𝟎
L = 2000 – 1600 𝟐𝟎𝟎𝟎
L = 400 𝑳𝒐𝒔𝒔 % = 𝟎. 𝟐 𝒙 𝟏𝟎𝟎
𝑳𝒐𝒔𝒔 % = 𝟐𝟎%
GROUP ACTIVITY #4:
4. Andy bought a toy car from Tim for P1,500 and
sold it for P1,350. Find his profit or loss percentage.
• What is asked in the problem?:
The profit or loss percentage of Andy in selling
books.
• What are the given?
Cost Price – P1,500
Selling Price – P1,350
• What operation to be used in find the loss/profit?
Subtraction
• Solution:
Step 2: Find the per cent
Step 1: Find the LOSS. 𝑳𝒐𝒔𝒔
𝑳𝒐𝒔𝒔 % = 𝒙 𝟏𝟎𝟎
𝑪𝒐𝒔𝒕 𝑷𝒓𝒊𝒄𝒆
L = C.Price – S.Price
𝟏𝟓𝟎
𝑳𝒐𝒔𝒔 % = 𝒙 𝟏𝟎𝟎
L = 1500 – 1350 𝟏𝟓𝟎𝟎
L = 150 𝑳𝒐𝒔𝒔 % = 𝟎. 𝟏 𝒙 𝟏𝟎𝟎
𝑳𝒐𝒔𝒔 % = 𝟏𝟎%