Question

How to find profit?
explain step by step​

Answer 1

Answer:

Determine your business's net income (Revenue – Expenses)

Divide your net income by your revenue (also called net sales)

Multiply your total by 100 to get your profit margin percentage.

Step-by-step explanation:

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Answer 2

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Finding profit is simple using this formula: Total Revenue - Total Expenses = Profit.

Subtract the total expenses from the total income.

Simply subtract your expenses from your income to find your profit. The value you get for your business's profit represents the amount of money it has earned in the period of time you are focusing on.

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