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In Technology and Home Economics / Senior High School | 2025-08-26

.__7. A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

Asked by cuaresmacydrick24

Answer (1)

Profit is the financial gain a person or business gets. It is the difference between revenue (the money earned) and expenses (the money spent) in running a business, producing goods, or providing services.Example:If you sell a product for ₱500 but it only cost you ₱300 to make, your profit is ₱200.

Answered by glyynn | 2025-08-26