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Python Program to Calculate Profit or Loss

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In this article, we will show you, How to write a Python Program to Calculate Profit or Loss with practical example.

Python Program to Calculate Profit or Loss using Elif Statement

This python program allows user to enter the Sales amount, and Actual cost of a Product. Next, it will calculate the Loss Amount, or profit Amount based on those two values using Elif Statement

# Python Program to Calculate Profit or Loss
 
actual_cost = float(input(" Please Enter the Actual Product Price: "))
sale_amount = float(input(" Please Enter the Sales Amount: "))
 
if(actual_cost > sale_amount):
    amount = actual_cost - sale_amount
    print("Total Loss Amount = {0}".format(amount))
elif(sale_amount > actual_cost):
    amount = sale_amount - actual_cost
    print("Total Profit = {0}".format(amount))
else:
    print("No Profit No Loss!!!")

OUTPUT

Python Program to Calculate Profit or Loss 1

Let me try different values

Python Program to Calculate Profit or Loss 2

ANALYSIS

Else If Statement

if(actual_cost > sale_amount):
    amount = actual_cost - sale_amount
    print("Total Loss Amount = {0}".format(amount))
elif(sale_amount > actual_cost):
    amount = sale_amount - actual_cost
    print("Total Profit = {0}".format(amount))
else:
    print("No Profit No Loss!!!")
  • If condition check whether actual cost is greater than sale amount. If True then it will print the loss amount as actual cost – sales amount
  • Elif statement check whether sale amount is greater than actual cost. If True, it will print the profit amount as sales amount – actual cost
  • If above conditions fail, it means No Profit No Loss.

Python Program to Calculate Profit or Loss using Arithmetic Operator

In this program, we are using Minus operator

# Python Program to Calculate Profit or Loss
 
actual_cost = float(input(" Please Enter the Actual Product Price: "))
sale_amount = float(input(" Please Enter the Sales Amount: "))
 
if(actual_cost - sale_amount > 0):
    amount = actual_cost - sale_amount
    print("Total Loss Amount = {0}".format(amount))
elif(sale_amount - actual_cost > 0):
    amount = sale_amount - actual_cost
    print("Total Profit = {0}".format(amount))
else:
    print("No Profit No Loss!!!")

OUTPUT

Python Program to Calculate Profit or Loss 3