Saturday, August 23, 2008

How to Calculate Profits

Profits is the amount money that a business actually makes and earn after the cost has been subtracted. SOme of us may probably don't know about it but here are some tips on how to calculate profits.

First Find Total Sales and Total Cost..

Plug the above values in the formula below

Profits = Total Sales - Total Costs

Sample Problem:

Profits= 250,000-185,000=65,000

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