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 Profit

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Income less all expenses.

Example: Sam's Cafe received $600 yesterday, but expenses such as wages, food and electricity came to $450. So the Profit was $600 - $450 = $150.

But if the income is LESS than expenses it is called a "Loss".

Example: Two days ago Sam's Cafe received $380, but expenses were $420.
$380 - $420 = -$40, which is a $40 Loss

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