Business Mathematics 11

PROFIT, LOSS
and
BREAK-EVEN
 PROFIT/LOSS

Profit/Loss = Revenue – COGS

NOTE: The result is a profit if it is positive

and a loss if it is negative.
 PROFIT RATE

Profit % =
 FORMULA FOR
SELLING PRICE
If there is a profit, the formula is
Selling Price = Cost Price x (1 + %profit)

If there is a loss, the formula is

Selling Price = Cost Price x (1 - %profit)
 EXAMPLE 1
Nidalee bought a bag for Php800.00. She spent
Php50.00 for transportation in going to the store. For the
following independent cases, determined whether she
earned a profit or incurred a loss. Determine how much
her profit or loss and how much is the profit percent.

a. She sold the bag for Php1,000.00

b. She sold the bag for Php700.00
 EXAMPLE 2
A dealer bought a car for Php720,000.00. How much
must he resell the car to be assured of a 20% profit?
 EXAMPLE 3
Jenny bought a condominium unit for Php5,150,000 and
sold it for Php6,900,600. How much was the % profit?
Here are the steps
Case Problem Solving
Here are the steps