business math for g11Profit and Loss.pptx

ppt

1. Profit and Loss Grade 11 - ABM

2. Profit Gain in business It is the amount left from the selling price after all cost or expenses had been deducted.

3. Loss Suffer in business It is what occurred when the cost and expenses exceed the selling price or sales.

4. Profit and Loss

5. Example: Nidalee bought a bag for ₱800. She spent ₱50 for transportation in going 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 her profit percent? a. She sold the bag for ₱1000 . b. She sold the bag for ₱700 .

6. Profit and Loss Formula : Profit : Selling Price = cost price × ( 1 + %profit ) Loss: Selling Price = cost price × ( 1 - %loss )

7. Example: A dealer bought a car for ₱720,000. How much must he resell the car to be assured of a 20% profit? Jenny bought a condominium unit for ₱5,150,000 and sold it for ₱6,900,600. How much was the %profit ?

8. Example: Cost Price (in ₱) Selling price (in ₱) Profit (in ₱) % Profit 785 738 38 39.18% Cost Price (in ₱) Selling price (in ₱) Loss (in ₱) % Loss 2675 11.66% 10,587 17.96%

9. Exercises: Cost Price (in ₱) Selling price (in ₱) Profit (in ₱) % Profit 1,423 31.06% 6,675 25.99% Cost Price (in ₱) Selling price (in ₱) Loss (in ₱) % Loss 527 42 10 11.36%

10. T hank you For Listening Prepared by: Dustin A. Limbo