Enquiries into profit and loss Geetha Venkataraman 1.
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Transcript of Enquiries into profit and loss Geetha Venkataraman 1.
![Page 1: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/1.jpg)
Enquiries into profit and lossGeetha Venkataraman
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![Page 2: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/2.jpg)
If money doesn’t grow on trees…
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![Page 3: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/3.jpg)
..where does it come from?
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![Page 4: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/4.jpg)
It all comes from…
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![Page 5: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/5.jpg)
John sells fruits in the market
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₹ 80 per kg
Apples for sale
₹ 80 per kg
Apples for sale
![Page 6: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/6.jpg)
which he buys from the farmer – Old McDonald
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₹ 60 per kg
Cost of Apples
![Page 7: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/7.jpg)
Every kg. of apple he sells, earns him …
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₹ 80 per kg
Apples for sale
SELLING PRICE COST PRICE
₹ 60 per kg
Cost of Apples
![Page 8: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/8.jpg)
Profit of …
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PROFIT
₹ 40
![Page 9: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/9.jpg)
What if tomorrow, he buys at same price but can sell only at …
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₹ 40 per kg
Apples for sale
![Page 10: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/10.jpg)
Loss of …
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LOSS
₹ 40
![Page 11: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/11.jpg)
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Kevin charges John to carry apples to the market…
Transportation charges
₹ 10 per kg
![Page 12: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/12.jpg)
John bears a total cost of …
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COST PRICE
₹ 60 per kg
Cost of ApplesTransportation
charges ₹ 10 per kg
OVERHEAD CHARGES
Total Cost of Apples = ₹ 70 per kg
Additional money spent on the articles purchased like repairing, transportation are called overhead charges.
![Page 13: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/13.jpg)
On Christmas, he offers a 20% discount!
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₹ 80 per kg
Apples for sale
₹ 80 per kg
Apples for sale
![Page 14: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/14.jpg)
Anil gets his product at a discounted price of …
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MARK PRICE₹ 80
per kg
DISCOUNT
SELLING PRICE ₹ 64per kg
![Page 15: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/15.jpg)
Some Important Formulae..
1. 2. Loss = Cost Price − Selling
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![Page 16: Enquiries into profit and loss Geetha Venkataraman 1.](https://reader035.fdocuments.net/reader035/viewer/2022062422/56649ec45503460f94bce136/html5/thumbnails/16.jpg)
Any questions?
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