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To figure out a profit do the following:

MONEY EARNED - EXPENSES = PROFIT

So lets say I had a hotel and earned £50,000 within a year and all my bills came to £20,000. I would do £50,000 - £20,000 = £30,000 which is my profit.

However lets say I only earned £10,000 within a year I would be doing

£10,000 - £20,000 = -£10,000 therefore I am losing money making it a loss.

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13y ago

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