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CH-8 Profit and Loss

CH-8 Profit and Loss


Sainik School Class 6 Maths Profit and Loss Chapter 8 Explained with Formulas & Examples

Sainik School Class 6 Maths Profit and Loss is an important topic for students preparing for the AISSEE entrance exam. Are you finding it hard to solve profit and loss questions? Don't worry! You can understand this topic by understanding simple rules and easy examples.


However, you can easily score well in your Sainik School entrance exam by practicing with notes, important questions, model papers, mock tests, and PYQs.

 

In this chapter, you will know about cost price, selling price, profit, and loss. Moreover, you will understand important formulas and learn how to solve questions step by step.


CH-8 Profit and Loss PDF

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What Is Profit and Loss in Maths?

Maths Profit and loss chapter help us to understand how much money we gain or lose when we sell something.


Cost Price (CP): The price paid to buy an item.

Selling Price (SP): The price received when an item is sold.

Profit: The extra money earned when the selling price is higher than the cost price.

Loss: The money lost when the selling price is lower than the cost price.


For example, Riya buys a pen for ₹10 and sells it for ₹15. Therefore, she earns a profit of ₹5.


Also Check: Sainik School Admission Eligibility 2027-28 Class 6 and 9 Guide

What Are the Important Profit and Loss Formulas?

Students should learn these formulas to solve Maths Profit and Loss questions quickly.


Concept

Formula

Profit

Selling Price − Cost Price

Loss

Cost Price − Selling Price

Selling Price with Profit

Cost Price + Profit

Selling Price with Loss

Cost Price − Loss

Profit Percentage

(Profit ÷ Cost Price) × 100

Loss Percentage

(Loss ÷ Cost Price) × 100

How to Solve Sainik School Class 6 Profit and Loss Questions?

Let's understand the topic with simple examples.


Example 1: Find the Profit

A shopkeeper buys a bag for ₹200 and sells it for ₹250. Find the profit.


Solution:

Profit = Selling Price − Cost Price


Profit = ₹250 − ₹200 = ₹50


Therefore, the profit is ₹50.


Example 2: Find the Loss

A boy buys a toy for ₹150 and sells it for ₹120. Find the loss.


Solution:

Loss = Cost Price − Selling Price

Loss = ₹150 − ₹120 = ₹30


Therefore, the loss is ₹30.


Example 3: Find the Profit Percentage

A book costs ₹100 and sells for ₹120. Find the profit percentage.


Profit = ₹120 − ₹100 = ₹20


Profit Percentage = (20 ÷ 100) × 100 = 20%


Thus, the profit percentage is 20%.


Also Check: Sainik School Class 6 Syllabus 2027 Complete Subject-Wise Syllabus and Exam Pattern

Practise Sainik School Class 6 Maths Profit and Loss Questions

Solve these Sainik School Class 6 Maths Profit and Loss questions, which helps you to find your weak and strong areas. 


  • A toy costs ₹80 and sells for ₹100. Find the profit.

  • A chair costs ₹500 and sells for ₹450. Find the loss.

  • A book costs ₹200 and sells for ₹240. Find the profit percentage.

  • A ball costs ₹60 and sells for ₹48. Find the loss percentage.

  • A shopkeeper earns ₹30 on an item bought for ₹150. Find the selling price.


Also Check: How to Choose the Best Coaching for Sainik School Class 6 Exam Preparation 2027

Why Choose Veda Academy for Class 6 Sainik School Entrance Exam Preparation?

Students preparing for the Sainik School Class 6 entrance exam can explore Veda Academy's learning resources. Veda Academy is known as a Best Coaching for Sainik School Class 6 Entrance Exam Preparation because we provide quality study material. 


Our study resources can help students study important topics and practise questions easily. Moreover, students can use the Veda Academy App to access available study materials in Hindi and English. Regular revision and practice can also help students understand Maths and other subjects better. Therefore, choose learning resources that match the AISSEE Class 6 syllabus and your study needs.


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