C program to calculate profit or loss

Understanding profits or losses is fundamental in financial analysis. In this article, we'll explore how to create a simple C program to calculate profit or loss based on cost price and selling price.

Understanding Profit and Loss

• Profit: When the selling price (SP) of a product exceeds the cost price (CP), the result is a profit.
• Loss: If the CP is greater than the SP, the outcome is a loss.

C program to calculate profit or loss

Let's delve into the C programming language to create a program that calculates profit or loss based on user input for CP and SP.

#include <stdio.h>

int main() {
    float cp, sp, profit, loss;

    // Input from the user
    printf("Enter the Cost Price: ");
    scanf("%f", &cp);

    printf("Enter the Selling Price: ");
    scanf("%f", &sp);

    // Calculating profit or loss
    if (sp > cp) {
        profit = sp - cp;
        printf("Profit: %.2f", profit);
    } else if (cp > sp) {
        loss = cp - sp;
        printf("Loss: %.2f", loss);
    } else {
        printf("No Profit, No Loss");
    }

    return 0;
}

Output

Enter the Cost Price: 1500
Enter the Selling Price: 2000
Profit: 500.00

Enter the Cost Price: 3000
Enter the Selling Price: 2500
Loss: 500.00

Enter the Cost Price: 2000
Enter the Selling Price: 2000
No Profit, No Loss

Understanding the Code

1. User Input: The user is prompted to enter the CP and SP of a product, which are stored in variables cp and sp using scanf().
2. Profit or Loss Calculation: The program checks if there's a profit or loss by comparing the values of CP and SP. It then calculates and displays the profit or loss accordingly.

In this article, we've created a simple C program that efficiently calculates profit or loss based on the given cost price and selling price. Understanding the concept of profit and loss and implementing conditional checks through C programming enables us to analyse basic financial scenarios.