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What is Profit ?

Profitis the positive financial gain your business experiences after subtracting all expenses from the revenue generated.

How to Calculate Profit ?

The formula for profit calculation is straightforward:

Profit = Revenue - Costs

Examples:

Example 1:

Revenue: ₹15,000

Cost: ₹12,000

Profit: ₹3,000

Example 2:

Revenue: ₹12,000

Cost: ₹8,000

Profit: ₹4,000

Example 3:

Revenue: ₹10,000

Cost: ₹7,000

Profit: ₹3,000