Class-V( Term-2)

HPC Activity: Profit and Loss 

Understanding Profit and Loss through a Classroom Market

 Learning Objectives: 

1.To help students understand the concepts of Cost Price, Selling Price, Profit, and Loss.

2.To develop calculation skills in real-life situations.

3.To encourage  communication, and problem-solving.

4.To apply maths concepts in a hands-on, experiential way.

🧩 Activity Description 

Students participated in a Classroom Market Activity where they acted as buyers and sellers. They bought  dummy price tags, items  and imaginary money, different items to sell with marked Cost Prices (CP). Students then decided suitable Selling Prices (SP) for their items.

They interacted, bargained, bought, and sold the items. After the transactions, students calculated whether they made a profit or faced a loss and by how much.

Finally, each student presented his/her observations, explaining their decisions and outcomes.

This activity helped students understand the concept of Profit = SP – CP and Loss = CP – SP in a fun and practical way.

 Feedback 

“Students participated enthusiastically in the Profit and Loss Market Activity. They displayed good teamwork and confidently handled the buying-selling process. Most learners were able to correctly identify cost price, selling price, and calculate profit or loss independently. A few students needed guidance initially, but later showed improvement through  support. The activity successfully strengthened their real-life understanding of financial concepts and enhanced their confidence in mathematical calculations.”