Math, asked by vikashkumarhil2016, 5 months ago

a bussiness profit is defined as the different between if

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Answered by Anonymous

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For a business owner, it is important to know the difference between profit and profitability. Profit is an absolute number which is equal to revenue minus expenses. Profitability, on the other hand, is a relative number (a percentage) which is equal to the ratio between profit and revenue.

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