Page 9 - PRACTICUM 5 FLIP PDF_EVELYN ANGELIKA

In Mr. Zul's story, the Chicken Porridge Seller, the capital spent was IDR 70.000,00 and the

income earned by Mr. Zul was IDR 70.000,00 (this amount was obtained from IDR 10,000.00
× 70). If we subtract expenses from income, we get IDR 700,000 - IDR 700,000.00 = IDR 0

Thus, it is known that Mr. Zul neither gain profit nor lose when selling meatballs on that day.

In other words, Mr. Zul today is breaking even or turning his capital.

Based on the illustrations above, we know that:

1. Profit is the difference between the selling price and the purchase

price if the selling price is more than the purchase price.
Profit formula = selling price – buying price

2. Loss is the difference between the selling price and the purchase

price if the selling price is less than the purchase price.
Loss formula = purchase price – selling price

3. Break-even / return on investment is an income equivalent to the
amount of capital issued.

The purchase price is the price of merchandise directly from the factory, wholesaler

or other place. The selling price is the price set by traders to consumers/buyers.

Selling Price = Purchase Price + Profit

Or

Purchase Price = Selling Price - Profit

Social Arithmetic E-module – For Grade VII