Page 53 - Computer Genius Class 07
P. 53
Example: Draw a flowchart to find profit or loss.
n this o chart e ha e ta en t o inputs
Flowchart: Profit and loss
namely cost price and selling price. Then, we will
calculate profit or loss depending on the alues Start
and prints the same.
l Cost price (C.P): It is the total amount of Read Cost price
(C.P)
money that costs a manufacturer to produce a
given product or provide a given service.
Read Selling
l Selling price (S. P): It is the final price of a price (S.P)
product. Selling price can also be referred to
as list price, market price, or standard price.
Yes
l Profit (P): The profit is defined as the amount Is S.P > C.P? Profit= S.P– C.P
gained by selling a product, which should be
more than the cost price of the product. No
Print Profit
ro it S. . oss . S.
No
l Loss (L): If a product is sold at a price less
than its cost price then the seller makes a loss. End
Print Loss
oss . S.
End
Let's REFRESH
l An algorithm is a set of steps in a sequential manner to solve a problem or to complete a task.
l A lo chart is a diagrammatic representation o the step y step plan to e ollo ed or sol ing a
task/problem statement.
l While drawing flowcharts we have to use standard symbols.
l While drawing flowcharts we have to work in a consistent direction.
l Disadvantage of flow chart is difficulty in modifications.
Exercise
A. Multiple choice questions
1. Which of the following is the way to represent an algorithm?
(i) Flowchart (ii) Pseudocode
(iii) Both (i) and (ii) (iv) None of these
Coding and Flowchart 51

