The formula for finding profit is as follows if the selling price is greater than cost price −
profit=sellingPrice-CosePrice;
The formula for finding loss is as follows if cost price is greater than selling price −
loss=CostPrice-SellingPrice
Now, apply this logic in the program and try to find whether the person gets a profit or loss after buying any article −
Example
Following is the C program to find the profit or loss −
#include<stdio.h>
int main(){
float CostPrice, SellingPrice, Amount;
printf("\n Enter the product Cost : ");
scanf("%f", &CostPrice);
printf("\n Enter the Selling Price) : ");
scanf("%f", &SellingPrice);
if (SellingPrice > CostPrice){
Amount = SellingPrice - CostPrice;
printf("\n Profit Amount = %.4f", Amount);
}
else if(CostPrice> SellingPrice){
Amount = CostPrice - SellingPrice;
printf("\n Loss Amount = %.4f", Amount);
}
else
printf("\n No Profit No Loss!");
return 0;
}Output
When the above program is executed, it produces the following result −
Enter the Product Cost: 450 Enter the Selling Price): 475.8 Profit Amount = 25.8000