Profit and Loss Calculator
Profits and losses don’t have to be a mystery anymore.
Whether you’re selling handmade crafts, flipping gadgets, or running a small business, knowing your profit or loss is crucial. But let’s be honest—doing the math manually can feel like a chore. That’s where this Profit and Loss Calculator comes in. Just plug in your cost price and selling price, and voilà! It tells you exactly how much you’ve gained or lost—no headaches, no spreadsheets, just quick results. Perfect for anyone who wants to stay on top of their finances without breaking a sweat.
Enter the cost price and selling price to calculate your profit or loss.
How It Works
This tool calculates your profit or loss with a simple formula:
Profit or Loss = Selling Price - Cost Price
If the result is positive, you’ve made a profit. If it’s negative, you’ve incurred a loss. And if it’s zero? Well, you’ve broken even. It’s that straightforward!
Example Calculations
| Cost Price (₹) | Selling Price (₹) | Profit/Loss (₹) |
|---|---|---|
| 100 | 150 | +50 (Profit) |
| 200 | 180 | -20 (Loss) |
| 500 | 500 | 0 (Break Even) |
10 Common Use Cases for the Profit and Loss Calculator
- 1. Calculating profit from selling handmade products.
- 2. Determining loss on discounted items in a retail store.
- 3. Assessing profit margins for online resellers.
- 4. Evaluating financial outcomes of a garage sale.
- 5. Tracking profit or loss for small business transactions.
- 6. Analyzing stock market trades for beginners.
- 7. Calculating gains from flipping second-hand items.
- 8. Managing finances for freelance projects.
- 9. Determining break-even points for new product launches.
- 10. Teaching kids basic financial literacy through practical examples.