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Profit part 1 (cardbox)

 
 

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Price - Expense = Profit

Created by: nadialou on June 18th 2008, 00:31.

Last updated by: nadialou on June 18th 2008, 00:35.

Editing privileges: Any pro user.

How to learn? Repeat regularly.

Being studied by: nadialou, cheerlead102187, Lemme_progra.

 

Comments

  • # nirali_ba wrote on 06/18/2008, 02:06:

    Wow that's the first step :) keep it up! However if you don't mind suggestions:

    I would say more like Revenue - Expense = Profit;

    When you say Price it does not indicate incoming money, Revenue or Income are two terms that indicate money coming in and expense of course is money going out and Profit is the remainder of the incoming money;

    Let's say the buying Price of a product is $50 dollars and your selling price of the same product is $100, then your buying price ($50) - your selling price ($100) = your profit ($50);

    Hope that helps :)
    Take care

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