# Python Program to Calculate Profit or Loss

Here we are going to write python program to calculate profit loss for a given cost and sale price

Profit and Loss formulas are given as

```Profit = sale_price - cost_price

```
```Loss = cost_price - sale_price
```

## Example :

Example : Actual cost of product is 5000 and selling cost of product is 6000 then find profit or loss of the given product

Solution :

If actual cost of the product is less than selling cost then profit is calculated as follows

Profit = sale_price – cost_price

Here Actual cost of product is 5000 which is less then selling cost of product so profit will be calculated

Profit = 6000 – 5000

Profit = 1000

## Program:

```# Python Program to Calculate Profit or Loss
# Input Actual cost price of product
cost_price = float(input("Enter the Actual Product Price: "))
# Input Selling price of product
sale_price = float(input("Enter the Sales Price: "))
# If sale price is greater than actual price then calcualate profit
if(sale_price > cost_price):
profit = sale_price - cost_price
print("Total Profit = {0}".format(profit))
# If sale price is less than actual price then calcualate loss
elif(cost_price > sale_price):
loss = cost_price - sale_price
print("Total Loss Amount = {0}".format(loss))
# If sale price is less than actual price then no profit or no loss
else:
print("No Profit No Loss!!!")

```

## Output:

```>>> %Run 'profit and loss.py'
Enter the Actual Product Price: 5340
Enter the Sales Price: 6500
Total Profit = 1160.0
>>> %Run 'profit and loss.py'
Enter the Actual Product Price: 5400
Enter the Sales Price: 5400
No Profit No Loss!!!
>>> %Run 'profit and loss.py'
Enter the Actual Product Price: 5000
Enter the Sales Price: 6000
Total Profit = 1000.0
>>> %Run 'profit and loss.py'
Enter the Actual Product Price: 6000
Enter the Sales Price: 5000
Total Loss Amount = 1000.0
```

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• To calculate simple and compound interest
• <