Question

what is the formula for profit​

Answer 1

Answer:

• sp -cp

Step-by-step explanation:

The formula to calculate profit is:

• Total Revenue - Total Expenses = Profit.

Profit is determined by subtracting direct and indirect costs from all sales earned. Direct costs can include purchases like materials and staff wages. Indirect costs are also called overhead costs, like rent and utilities

Answer 2

Answer:

SP-cp is profit

in this case sp is greater than cp