Profit and Loss
Storyboard Text
- WOW! Thats great.Can you tell me how you made such a huge profit.
- OH SURE!
- I purchased this house 2 years back for Rs. 83 lakhs
- That means you made a profit of 13 lakhs as profit is equal to selling price minus cost price
- Thats right Rohit but I have also added overhead expenses to the cost price
- OVERHEAD EXPENSES?What is that??
- Rohit overhead expenses means all the extra charges which we have to add to the cost price and that becomes the actual cost price
- The original C.P of the house was Rs. 83 lakhs. painting charges was 72,000 and I spent 78,000 for other repairing work of the house
- So the total overhead charges would be 78,000+72,000=1,50,000
- SO my actual CP would be 83,00,000 + 1,50,000 = 84,50,000
- so now what would be my profit
- I got it! So your profit will be S.P - actual C.P Which is 95,00,000 - 84,50,000 which gives you 10,50,000 profit
- Yes your right! c'mon lets go inside and watch a movie
- OKAY! That sounds great
Over 30 Million Storyboards Created