Profit & Loss Scenarios

A small bakery named "Sweet Treats" operates for a week. Below are the transactions: Sales: Sold 200 cupcakes at ₹50 each. Sold 50 birthday cakes at ₹1,200 each. Expenses: Raw materials (flour, sugar, eggs, etc.): ₹12,000 Rent for the bakery: ₹8,000 Wages for staff: ₹6,000 Electricity bill: ₹1,500 Additional Income/Expenses: Earned ₹1,000 from renting the bakery space for a local event. Paid ₹500 as a penalty for late electricity bill payment. Calculate the profit or loss for the bakery.

A freelance photographer operates for a quarter. Income: Wedding shoots: ₹1,00,000 Product photography: ₹40,000 Received a bonus from a happy client: ₹5,000 Expenses: Camera maintenance: ₹8,000 Travel costs: ₹12,000 Editing software subscription: ₹6,000 Marketing expenses: ₹4,000 Calculate the profit or loss for the photographer.

A boutique tracks its income and expenses for a month. Sales: Custom dresses: ₹50,000 Alteration services: ₹15,000 Expenses: Fabric and materials: ₹18,000 Shop rent: ₹10,000 Staff wages: ₹8,000 Utilities: ₹2,000 Additional Income/Expenses: Earned ₹3,000 from selling old fabric scraps. Paid ₹1,000 as late rent fees. Calculate the profit or loss for the boutique.

An electronics shop records the following transactions for a week. Sales: Sold 30 smartphones at ₹20,000 each. Sold 15 laptops at ₹50,000 each. Expenses: Cost of inventory: ₹7,00,000 Shop rent: ₹15,000 Staff salaries: ₹20,000 Maintenance and repairs: ₹10,000 Additional Income/Expenses: Earned ₹5,000 from repairing electronic devices. Paid ₹2,000 as a fine for delayed stock delivery. Calculate the profit or loss for the electronics shop.

An ice cream truck operates during a summer weekend. Income: Sold 300 ice creams at ₹50 each. Sold 150 sundaes at ₹100 each. Expenses: Cost of ingredients: ₹10,000 Truck fuel and maintenance: ₹5,000 Vendor license for the weekend: ₹2,000 Additional Income/Expenses: Earned ₹1,000 from selling branded merchandise. Paid ₹500 as a parking fine. Calculate the profit or loss for the ice cream truck.

A bookstore tracks income and expenses for a month. Sales: Sold 500 novels at ₹300 each. Sold 200 textbooks at ₹500 each. Expenses: Cost of books purchased: ₹1,20,000 Rent: ₹20,000 Staff salaries: ₹15,000 Utilities (electricity, internet): ₹5,000 Additional Income/Expenses: Earned ₹10,000 from renting space for book signings. Paid ₹3,000 for unsold damaged books. Calculate the profit or loss for the bookstore.

A small grocery store runs operations for a month. Sales: Sold groceries worth ₹1,50,000. Earned ₹10,000 from home delivery charges. Expenses: Purchase of inventory: ₹80,000 Rent: ₹15,000 Staff wages: ₹12,000 Utilities (electricity, water): ₹3,000 Additional Income/Expenses: Lost ₹1,000 due to damaged goods. Calculate the profit or loss for the grocery store.

A small cafe operates for a week. Sales: Coffee and snacks: ₹40,000 Catering order: ₹15,000 Expenses: Ingredients: ₹12,000 Rent: ₹6,000 Staff salaries: ₹8,000 Electricity and water bills: ₹2,000 Additional Income/Expenses: Purchased new utensils for ₹3,000. Calculate the profit or loss for the cafe.