Profit & Loss Calculator
Calculate profit, loss and percentage instantly.
What is Profit and Loss?
Profit and loss are commonly used to determine the financial result of buying and selling a product or item. When the selling price is higher than the cost price, there is a profit. When the selling price is lower than the cost price, there is a loss.
What is a Profit & Loss Calculator?
A Profit & Loss Calculator is an online calculator that helps determine the profit or loss amount and the corresponding percentage using the cost price and selling price.
It can be useful for checking product prices, business transactions, retail calculations and everyday buying and selling calculations.
Profit Formula
If the selling price is greater than the cost price, the transaction results in a profit.
Loss Formula
If the selling price is lower than the cost price, the transaction results in a loss.
Profit Percentage Formula
Loss Percentage Formula
How to Use the Profit & Loss Calculator
- Enter the cost price of the product.
- Enter the selling price.
- Click the Calculate button.
- The calculator determines whether you made a profit or a loss.
- View the amount and percentage of profit or loss.
Profit Calculation Example
Suppose a product is purchased for ₹1,000 and sold for ₹1,200.
Profit = ₹200
The profit percentage is:
Profit % = 20%
Loss Calculation Example
Suppose a product is purchased for ₹1,000 and sold for ₹800.
Loss = ₹200
The loss percentage is:
Loss % = 20%
Cost Price vs Selling Price
Cost Price, commonly abbreviated as CP, is the price paid to purchase or acquire an item. Selling Price, commonly abbreviated as SP, is the price at which the item is sold.
Comparing these two values determines whether the transaction results in a profit or loss.
What Happens When Cost Price and Selling Price Are Equal?
When the cost price and selling price are exactly the same, there is neither a profit nor a loss. The profit or loss percentage is 0%.
Profit = ₹0
Loss = ₹0
Percentage = 0%
Where is a Profit & Loss Calculator Used?
- Retail and shop transactions
- Business calculations
- Product pricing
- Buying and selling calculations
- Educational mathematics
- Checking profit margins
Why Use BestCalculator Profit & Loss Calculator?
- Free to use
- Fast calculations
- Simple interface
- Works on mobile and desktop
- Shows both amount and percentage
Important Note
The calculator uses the cost price as the base for calculating profit and loss percentages. Actual business profitability may also depend on expenses, taxes, fees, discounts, shipping costs and other applicable factors.
Frequently Asked Questions
What is the formula for profit?
Profit = Selling Price − Cost Price. Profit occurs when the selling price is higher than the cost price.
What is the formula for loss?
Loss = Cost Price − Selling Price. Loss occurs when the selling price is lower than the cost price.
How is profit percentage calculated?
Profit Percentage = (Profit ÷ Cost Price) × 100.
How is loss percentage calculated?
Loss Percentage = (Loss ÷ Cost Price) × 100.
What happens if the selling price equals the cost price?
There is no profit and no loss. The profit or loss amount and percentage are both zero.
Is the BestCalculator Profit & Loss Calculator free?
Yes. The BestCalculator Profit & Loss Calculator is free to use.