# Python Program to Calculate Profit or Loss

Write a Python Program to Calculate Profit or Loss with a practical example.

## Python Program to Calculate Profit or Loss using Elif Statement

This python program allows the user to enter the Sales amount and Actual cost of a Product. Next, Python calculates 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!!!")```

Python profit or loss output

`````` Please Enter the Actual Product Price: 1500
Please Enter the Sales Amount: 1200
Total Loss Amount = 300.0``````

Let me try different values

```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 checks whether the actual cost is greater than the sale amount. If True, then Python prints the loss amount as actual cost – sales amount
• Elif statement checks whether the sale amount is greater than the actual cost. If True, it prints the profit amount as sales amount – actual cost
• If the above conditions fail, it means No Profit No Loss.

## Python Program to find Profit or Loss using Arithmetic Operator

In this profit or loss python program, we are using a 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!!!")```

Here, we tried all the possibilities and the Python profit or loss program output is

`````` Please Enter the Actual Product Price: 2200
Please Enter the Sales Amount: 6500
Total Profit = 4300.0
>>>
Please Enter the Actual Product Price: 9800
Please Enter the Sales Amount: 7200
Total Loss Amount = 2600.0
>>>
Please Enter the Actual Product Price: 1495
Please Enter the Sales Amount: 1495
No Profit No Loss!!!`````` Suresh is the founder of TutorialGateway and a freelance software developer. He specialized in Designing and Developing Windows and Web applications. The experience he gained in Programming and BI integration, and reporting tools translates into this blog. You can find him on Facebook or Twitter.