enquiries into profit and loss geetha venkataraman 1
TRANSCRIPT
Enquiries into profit and lossGeetha Venkataraman
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If money doesn’t grow on trees…
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..where does it come from?
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It all comes from…
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John sells fruits in the market
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₹ 80 per kg
Apples for sale
₹ 80 per kg
Apples for sale
which he buys from the farmer – Old McDonald
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₹ 60 per kg
Cost of Apples
Every kg. of apple he sells, earns him …
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₹ 80 per kg
Apples for sale
SELLING PRICE COST PRICE
₹ 60 per kg
Cost of Apples
Profit of …
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PROFIT
₹ 40
What if tomorrow, he buys at same price but can sell only at …
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₹ 40 per kg
Apples for sale
Loss of …
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LOSS
₹ 40
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Kevin charges John to carry apples to the market…
Transportation charges
₹ 10 per kg
John bears a total cost of …
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COST PRICE
₹ 60 per kg
Cost of ApplesTransportation
charges ₹ 10 per kg
OVERHEAD CHARGES
Total Cost of Apples = ₹ 70 per kg
Additional money spent on the articles purchased like repairing, transportation are called overhead charges.
On Christmas, he offers a 20% discount!
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₹ 80 per kg
Apples for sale
₹ 80 per kg
Apples for sale
Anil gets his product at a discounted price of …
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MARK PRICE₹ 80
per kg
DISCOUNT
SELLING PRICE ₹ 64per kg
Some Important Formulae..
1. 2. Loss = Cost Price − Selling
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Any questions?
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