By the end of this chapter you'll be able to…

  • 1Read and prepare a bill
  • 2Compute the amount for each item
  • 3Distinguish cost price and selling price
  • 4Calculate profit
  • 5Calculate loss
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Why this chapter matters
Reading bills and working out profit and loss are practical money skills used every day in shops. They are directly tested in the TN Class 6 Term 2 exam.

Before you start — revise these

A 5-minute refresher here will save you 30 minutes of confusion below.

Bill, Profit and Loss — Class 6 Maths (Samacheer Kalvi)

TN State Board (Samacheer Kalvi) Class 6 Mathematics, Term 2 — Chapter 3. Bills, and the basics of profit and loss.


1. About this chapter

This chapter covers bills — reading and preparing them — and the basic concepts of profit and loss.

2. Bills

  • A bill lists the items bought, the rate (price per unit), the quantity, and the amount for each item, with the total at the bottom.
  • Amount for an item = rate × quantity; the total bill is the sum of all the amounts.

3. Cost price and selling price

  • The cost price (CP) is the price at which an article is bought.
  • The selling price (SP) is the price at which it is sold.

4. Profit and loss

  • If SP > CP, there is a profit: Profit = SP − CP.
  • If SP < CP, there is a loss: Loss = CP − SP.
  • If SP = CP, there is no profit and no loss.

5. Worked examples

Example 1. A pen costs ₹15 each. Find the amount for 4 pens. 15 × 4 = ₹60.

Example 2. CP = ₹250, SP = ₹300. Find the profit. 300 − 250 = ₹50 profit.

Example 3. CP = ₹180, SP = ₹150. Find the loss. 180 − 150 = ₹30 loss.

6. Exercises (Samacheer Kalvi)

  1. Prepare a bill: 3 notebooks at ₹40 each and 2 pens at ₹15 each. Find the total.
  2. CP = ₹500, SP = ₹560. Find the profit.
  3. CP = ₹720, SP = ₹650. Find the loss.
  4. A shopkeeper buys a toy for ₹200 and sells it for ₹200. State the profit or loss.
  5. Find the total bill: 5 kg rice at ₹48 per kg and 2 kg sugar at ₹42 per kg.

7. Common mistakes

  • Mistake: Subtracting in the wrong order. Fix: Profit = SP − CP; Loss = CP − SP (the larger minus the smaller).
  • Mistake: Forgetting to multiply rate by quantity in a bill. Fix: Amount = rate × quantity for each item.
  • Mistake: Thinking equal CP and SP is a small profit. Fix: If SP = CP, there is no profit and no loss.

8. Quick revision

  • Term 2 · Ch 3 · bill, profit and loss.
  • Bill: amount = rate × quantity; total = sum of amounts.
  • CP = buying price, SP = selling price.
  • Profit = SP − CP (when SP > CP); Loss = CP − SP (when SP < CP); equal = no profit/loss.

Key formulas & results

Everything you need to memorise, in one card. Screenshot this for revision.

Amount
amount = rate × quantity
Per item on a bill.
Total bill
sum of all item amounts
Grand total.
Profit
Profit = SP − CP (SP > CP)
Gain on sale.
Loss
Loss = CP − SP (SP < CP)
Shortfall on sale.
⚠️

Common mistakes & fixes

These are the exact errors that cost students marks in board exams. Read them once, save yourself the trouble.

WATCH OUT
Subtracting in the wrong order
Profit = SP − CP; Loss = CP − SP (larger minus smaller).
WATCH OUT
Forgetting to multiply rate by quantity in a bill
Amount = rate × quantity for each item.
WATCH OUT
Thinking equal CP and SP is a small profit
If SP = CP, there is no profit and no loss.

NCERT exercises (with solutions)

Every NCERT exercise from this chapter — what it covers and how many questions to expect.

Practice problems

Try each one yourself before tapping "Show solution". Active recall > rereading.

Q1EASY· Bill
A pen costs ₹15 each. Find the amount for 4 pens.
Show solution
₹60.
Q2EASY· Profit
CP = ₹250, SP = ₹300. Find the profit.
Show solution
₹50.
Q3EASY· Loss
CP = ₹180, SP = ₹150. Find the loss.
Show solution
₹30.
Q4MEDIUM· Bill
Find the total: 3 notebooks at ₹40 each and 2 pens at ₹15 each.
Show solution
120 + 30 = ₹150.
Q5EASY· Concept
A toy is bought and sold for ₹200. Profit or loss?
Show solution
Neither — no profit and no loss.
Q6MEDIUM· Bill
Find the total: 5 kg rice at ₹48/kg and 2 kg sugar at ₹42/kg.
Show solution
240 + 84 = ₹324.

5-minute revision

The whole chapter, distilled. Read this the night before the exam.

  • Term 2 Chapter 3 of Samacheer Kalvi Class 6 Maths.
  • A bill lists item, rate, quantity and amount, with a total.
  • Amount = rate × quantity; total = sum of amounts.
  • CP is the buying price; SP is the selling price.
  • Profit = SP − CP when SP > CP; Loss = CP − SP when SP < CP.
  • If SP = CP there is no profit and no loss.

Tamil Nadu (TNBSE) marks blueprint

Where the marks come from in this chapter — so you can plan your prep.

Typical chapter weightage: 5-9 marks across bills and profit/loss

Question typeMarks eachTypical countWhat it tests
Bill21-2Amounts and totals
Profit1-21-2SP − CP
Loss1-21CP − SP
Prep strategy
  • Use amount = rate × quantity per item
  • Add all amounts for the total
  • Compare SP and CP first
  • Subtract the smaller from the larger

Where this shows up in the real world

This chapter isn't just an exam topic — it lives in the world around you.

Shopping

Checking a shop bill for correctness.

Business

Shopkeepers track profit and loss daily.

Budgeting

Adding up costs to plan spending.

Exam strategy

Battle-tested tips from teachers and toppers for this chapter.

  1. Show rate × quantity for each item
  2. Add amounts carefully for the total
  3. Compare SP and CP before subtracting
  4. State 'profit' or 'loss' clearly

Going beyond the textbook

For olympiad aspirants and curious learners — topics that build on this chapter.

  • A trader earns ₹50 profit selling at ₹350; find the cost price.
  • Prepare a bill with a discount on one item.

Where else this chapter is tested

CBSE board isn't the only one — other exams test this chapter too.

TN Class 6 Term 2 ExamHigh
Financial Literacy / NMMSMedium
School unit testsHigh

Questions students ask

The real ones — pulled from the Q&A community and tutor sessions.

Compare the selling price with the cost price: if SP is greater there is a profit (SP − CP); if SP is smaller there is a loss (CP − SP); if they are equal there is neither.

Find the amount for each item by multiplying its rate by its quantity, then add all the amounts together to get the total bill.
Verified by the tuition.in editorial team
Last reviewed on 4 June 2026. Written and reviewed by subject-matter experts — read about our process.
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