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what is formula of profit. Net profit is the profit that is left over after all the expenses which includes taxes and interest was paid. Selling price SP is the price at which an article is sold.
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When we talk about profit in a company it is normally accounting profit. Profit - Interest - Taxes. If the formula evaluates to a -ve value it means there is a net loss.
Important FormulasPart 1 - Profit and Loss 1.
If the company has 6000 in taxes and 5000 in. Its the total revenue minus total costs. To do so you divide the specific profit figure by the revenue and multiply by one hundred to create a profit margin equation. Why is the formula for net profit confusing.
