# Python Program to calculate Profit Or Loss

Given the Cost Price(CP) and Selling Price(SP) of a product. The task is to Calculate the Profit or Loss.
Examples:

```Input: CP = 1500, SP = 2000
Output: 500 Profit

Input: CP = 3125, SP = 1125
Output: 2000 Loss
```

Formula:

Profit = (Selling Price – Cost Price)

Loss = (Cost Price – Selling Price)

Below is the required implementation:

## Python 3

 `# Python 3 program to demonstrate``# Profit and Loss` `# Function to calculate Profit.``def` `Profit(costPrice, sellingPrice) :` `    ``profit ``=` `(sellingPrice ``-` `costPrice)` `    ``return` `profit` `# Function to calculate Loss.``def` `Loss(costPrice, sellingPrice) :` `    ``Loss ``=` `(costPrice ``-` `sellingPrice)` `    ``return` `Loss` `# Driver code``if` `__name__ ``=``=` `"__main__"` `:` `    ``costPrice, sellingPrice ``=` `1500``, ``2000` `    ``if` `sellingPrice ``=``=` `costPrice :``        ``print``(``"No profit nor Loss"``)` `    ``elif` `sellingPrice > costPrice :``        ``print``(Profit(costPrice, ``                     ``sellingPrice), ``"Profit"``)` `    ``else` `:``        ``print``(Loss(costPrice, ``                   ``sellingPrice), ``"Loss"``)`

Output:

```500 Profit
```

Time Complexity: O(1)
Auxiliary Space: O(1)

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