Free Maths Calculator
Profit and Loss Calculator
Buy something for one price, sell it for another, and the difference is profit or loss. Turning that into a percentage always divides by what you PAID, never by what you sold it for, and that single rule is what most of these questions are really testing.
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Worked Example
A bike is bought for £80 and sold for £100. What is the percentage profit?
- Find the difference:£100 − £80 = £20 profit
- Divide by what you paid:20 ÷ 80 = 0.25
- Multiply by 100:0.25 × 100 = 25%
Answer: £20 profit, which is 25%
Try These Yourself
Bought for £50, sold for £40. Percentage loss?Show answer
Answer: 20%
10 ÷ 50 = 0.2.
Bought for £200, sold for £250. Percentage profit?Show answer
Answer: 25%
50 ÷ 200 = 0.25.
Bought for £30, sold for £30. Profit?Show answer
Answer: None, you broke even
The difference is zero.