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)

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)