what is net profit and gross profit?
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Net profit is the actual profit after working expenses not included in the calculation of gross profit have been paid.
Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales).
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