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Python Program to calculate Profit Or Loss

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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)

Program to calculate Profit Or Loss 

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)


Last Updated : 27 Jul, 2023
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