13: Profit and Loss

Example number 13.1, Page number 13.6

In [1]:
#importing modules
import math
from __future__ import division

#Variable declaration
C1=125;    #CP of 1st article(Rs)
S1=96;     #SP of 1st article(Rs)
C2=112;    #CP of 2nd article(Rs)
S2=132;     #SP of 2nd article(Rs)
C3=120;    #CP of 3rd article(Rs)
S3=90;     #SP of 3rd article(Rs)
C4=80;    #CP of 4th article(Rs)
S4=100;     #SP of 4th article(Rs)
C5=90;    #CP of 5th article(Rs)
G5=10;    #gain(%)
L6=25;    #loss(%)
C6=20;    #CP of 6th article(Rs)
S7=84;     #SP of 7th article(Rs)
G7=20;    #gain(%)

#Calculation
x1=S1-C1;
L1=-x1;       #loss in 1st case(Rs)
x2=S2-C2;
G2=x2;       #gain in 2nd case
x3=S3-C3;
L3=-x3*100/C3;    #loss in 3rd case(%)
x4=S4-C4;
G4=x4*100/C4;    #gain in 4th case(%)
S5=(100+G5)*C5/100;    #SP in 5th case(Rs)
S6=(100-L6)*C6/100;    #SP in 6th case(Rs)
C7=S7/(1+(G7*0.01));    #CP in 7th case(Rs)  

#Result
print "loss in 1st case is",L1,"Rs"
print "gain in 2nd case is",G2,"Rs"
print "loss in 3rd case is",L3,"%"
print "gain in 4th case is",G4,"%"
print "SP in 5th case is",S5,"Rs"
print "SP in 6th case is",S6,"Rs"
print "CP in 7th case is",C7,"Rs"

loss in 1st case is 29 Rs
gain in 2nd case is 20 Rs
loss in 3rd case is 25.0 %
gain in 4th case is 25.0 %
SP in 5th case is 99.0 Rs
SP in 6th case is 15.0 Rs
CP in 7th case is 70.0 Rs

Example number 13.2, Page number 13.7

In [2]:
#importing modules
import math
from __future__ import division

#Variable declaration
S1=450;      #SP of 1st article(Rs)
x1=25;     #loss(%)
x2=25;     #gain(%)

#Calculation
S2=S1*(100+x2)/(100-x1);      #SP of 2nd article(Rs)

#Result
print "SP of 2nd article is",S2,"Rs"

SP of 2nd article is 750.0 Rs

Example number 13.3, Page number 13.7

In [3]:
#importing modules
import math
from __future__ import division

#Variable declaration
n=25;     #number of articles on CP
N=20;     #number of articles on SP

#Calculation
x=(n-N)*100/N;     #gain in transaction(%)

#Result
print "gain in transaction is",x,"%"

gain in transaction is 25.0 %

Example number 13.4, Page number 13.7

In [4]:
#importing modules
import math
from __future__ import division

#Variable declaration
S1=1/36;      #SP of 1st article(Rs)
x1=4;     #loss(%)
x2=8;     #gain(%)

#Calculation
S2=S1*(100+x2)/(100-x1);      #SP of 2nd article(Rs)
n=1/S2;     #number of oranges per rupee
 
#Result
print "number of oranges per rupee is",n

number of oranges per rupee is 32.0

Example number 13.5, Page number 13.7

In [5]:
#importing modules
import math
from __future__ import division

#Variable declaration
q1=2;      #quantity(kg)
q2=10;     #quantity(kg)
C=600;     #cost price(Rs)

#Calculation
S=C/(q1+q2);     #sale rate of rice(Rs)

#Result
print "sale rate of rice is Rs",S,"per kg"

sale rate of rice is Rs 50.0 per kg

Example number 13.6, Page number 13.8

In [6]:
#importing modules
import math
from __future__ import division

#Variable declaration
S1=455;      #SP of 1st article(Rs)
S2=555;      #SP of 2nd article(Rs)
x1=9;     #loss(%)

#Calculation
x2=(S2*(100-x1)/S1)-100;     #gain(%)

#Result
print "gain is",x2,"%"

gain is 11.0 %

Example number 13.7, Page number 13.8

In [7]:
#importing modules
import math
from __future__ import division

#Variable declaration
p=20;      #profit on SP(%)

#Calculation
rp=p*100/(100-p);     #real profit(%)

#Result
print "real profit is",rp,"%"

real profit is 25.0 %

Example number 13.8, Page number 13.8

In [9]:
#importing modules
import math
from __future__ import division

#Variable declaration
l=-10;      #loss on SP(%)

#Calculation
rl=-l*100/(100-l);     #real loss(%)

#Result
print "real loss is",round(rl,2),"%"

real loss is 9.09 %

Example number 13.9, Page number 13.8

In [10]:
#importing modules
import math
from __future__ import division

#Variable declaration
d=10;    #discount(%)
g=26;    #profit(%)
C=1;   #assume

#Calculation
x=C*(100+g)/(100-d);     
M=(x-1)*100;     #percentage increase of MP(%)

#Result
print "percentage increase of MP is",M,"%"

percentage increase of MP is 40.0 %

Example number 13.10, Page number 13.8

In [11]:
#importing modules
import math
from __future__ import division

#Variable declaration
S1=30;      #SP of 1st article(Rs)
x1=20;     #gain(%)
d=10/100;   #discount

#Calculation
S2=S1*(1-d);      #SP of 2nd article(Rs)
x2=(S2*(100+x1)/S1)-100;     #gain(%)

#Result
print "gain is",x2,"%"

gain is 8.0 %

Example number 13.11, Page number 13.9

In [12]:
#importing modules
import math
from __future__ import division

#Variable declaration
x=40;     #gain(%)
S=1/10;   #SP of article(Rs)

#Calculation
y=(x/100)+1;
C=S/y;      #CP of article(Rs)
n=1/C;     #number of oranges per rupee

#Result
print "number of oranges per rupee is",n

number of oranges per rupee is 14.0

Example number 13.12, Page number 13.9

In [14]:
#importing modules
import math
from __future__ import division

#Variable declaration
SP=1/4;    #SP of article
CP=1/6;    #CP of article
tg=26;    #total gain(Rs)

#Calculation
g=(SP-CP)*100/CP;      #gain(%)
x=tg/(SP-CP);        #number of oranges

#Result
print "gain is",g,"%"
print "number of oranges is",x

gain is 50.0 %
number of oranges is 312.0

Example number 13.13, Page number 13.9

In [16]:
#importing modules
import math
from __future__ import division

#Variable declaration
x=0;
Tw=1000;      #true weight(kg)
Fw=900;     #false weight(kg)

#Calculation
G=(Tw*(100+x)/Fw)-100;      #gain(%)

#Result
print "gain is",round(G,2),"%"

gain is 11.11 %

Example number 13.14, Page number 13.9

In [18]:
#importing modules
import math
from __future__ import division

#Variable declaration
Ts=100;   #true scale(cm)
G=15;    #gain(%)
x=10;    #loss(%)

#Calculation
l=Ts*(100-x)/(100+G);     #false scale length(cm)

#Result
print "false scale length is",round(l,2),"cm"
print "answer varies due to rounding off errors"

false scale length is 78.26 cm
answer varies due to rounding off errors

Example number 13.15, Page number 13.10

In [19]:
#importing modules
import math
from __future__ import division

#Variable declaration
x1=25;    #gain(%)
x2=-20;    #loss(%)

#Calculation
x=2*(100+x1)*(100+x2);
y=100+x1+100+x2;
g=(x/y)-1;        #gain(%)

#Result
print "gain is",round(g,2),"%"
print "answer given in the book is wrong"

gain is 96.56 %
answer given in the book is wrong

Example number 13.16, Page number 13.10

In [20]:
#importing modules
import math
from __future__ import division

#Variable declaration
x=12;     #loss or gain(%)

#Calculation
l=-(x/10)**2;      #overall loss(%)

#Result
print "overall loss is",l,"%"

overall loss is -1.44 %

Example number 13.17, Page number 13.10

In [21]:
#importing modules
import math
from __future__ import division

#Variable declaration
C1=10/100;     #loss
C2=15/100;     #profit
C=560;     #cost(Rs)

#Calculation
C1=C1*C/(C1+C2);     #cost price of 1st watch(Rs)
C2=C-C1;      #cost price of 2nd watch(Rs)

#Result
print "cost price of 1st watch is",C1,"Rs"
print "cost price of 2nd watch is",C2,"Rs"

cost price of 1st watch is 224.0 Rs
cost price of 2nd watch is 336.0 Rs

Example number 13.18, Page number 13.11

In [22]:
#importing modules
import math
from __future__ import division

#Variable declaration
C1=100;     #CP of book(Rs)
p1=20/100;     #profit
C2=80;     #assume 20% less
p2=25/100;   #profit in 2nd case
d=18;     #given difference(Rs)

#Calculation
S1=C1*(1+p1);     #selling price of book(Rs)
S2=C2*(1+p2);      #selling price in 2nd case(Rs)
S=S1-S2;     #difference when CP=100(Rs)
CP=d*C1/S;   #cost price of book(Rs)

#Result
print "cost price of book is",CP,"Rs"

cost price of book is 90.0 Rs

Example number 13.19, Page number 13.11

In [23]:
#importing modules
import math
from __future__ import division

#Variable declaration
d=16;     #discount(%)
M_S=80;    #cost(Rs)

#Calculation
S=(100-d)*M_S/d;      #cost price of the book(Rs)

#Result
print "cost price of the book is",S,"Rs"

cost price of the book is 420.0 Rs

Example number 13.20, Page number 13.11

In [28]:
#importing modules
import math
from __future__ import division

#Variable declaration
n=30;     #number of articles on CP
N=27;     #number of articles on SP

#Calculation
x=(n-N)*100/N;     #gain in transaction(%)

#Result
print "gain in transaction is",round(x,2),"%"

gain in transaction is 11.11 %

Example number 13.21, Page number 13.12

In [29]:
#importing modules
import math
from __future__ import division

#Variable declaration
x=80;    #quantity(kg)
y=20;    #quantity(kg)
C=88;    #cost price(Rs)

#Calculation
S=C/(x+y);     #selling price of salt(Rs)

#Result
print "selling price of salt is",S*100,"paise per kg"

selling price of salt is 88.0 paise per kg

Example number 13.22, Page number 13.12

In [30]:
#importing modules
import math
from __future__ import division

#Variable declaration
l=10;    #loss(%)
f=3/4;   #fraction 

#Calculation
SP=(100-l)/f;      #ratio of SP to CP(%)
p=SP-100;     #profit on the article(%)

#Result
print "profit on the article is",p,"%"

profit on the article is 20.0 %

Example number 13.23, Page number 13.12

In [31]:
#importing modules
import math
from __future__ import division

#Variable declaration
N=66;    #length of cloth(m)
x=22;    #gain in length(m)

#Calculation
g=x*100/(N-x);     #gain(%)

#Result
print "gain is",g,"%"

gain is 50.0 %

Example number 13.24, Page number 13.12

In [35]:
#importing modules
import math
from __future__ import division

#Variable declaration
N=66;    #length of cloth(m)
Y=22;    #gain in length(m)

#Calculation
g=Y*100/N;     #gain(%)

#Result
print "gain is",round(g,2),"%"

gain is 33.33 %

Example number 13.25, Page number 13.12

In [36]:
#importing modules
import math
from __future__ import division

#Variable declaration
x=-22;     #loss in length(m)
N=66;      #length of cloth(m)

#Calculation
l=-x*100/(N-x);     #loss(%)

#Result
print "loss is",l,"%"

loss is 25.0 %