Accountancy, asked by preetiparida2006, 7 months ago

how do you calculate profit​

Answers

Answered by Anonymous
25

Answer:

This simplest formula is: total revenue – total expenses = profit. Profit is calculated by deducting direct costs, such as materials and labour and indirect costs (also known as overheads) from sales.

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Answered by QueenBeBo
16

\huge\bold\star\red{Question}

how do you calculate profit?

\huge\bold\star\red{Answer}

total revenue - total expenses = profit.

\huge\bold\star\red{extra\: information}

profit is calculated by deducting direct cost. soch as materials and labours and indirect costs also know as overheads from sales.

\huge\bold\star\red{thanx}

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