Profit

Profit is the financial gain obtained when the selling price of goods or services is greater than the cost price. It represents the money earned after all expenses have been subtracted.

Example

If a shopkeeper buys a book for TSh $5,000$ (Cost Price) and sells it for TSh $7,000$ (Selling Price), the profit is calculated as $P = SP - CP = 7,000 - 5,000 = 2,000$ TSh.

Profit

Example

See Also