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Earn +20 ptsQ: Which are costs subtracted from in calculating profit?
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Profits is calculated by subtracting costs from what?
Profit is calculated by subtracting costs from revenue.
Can you give me an example of profit?
You buy a coconut for 1 rupee. You sell that coconut to me for 2 rupees. You have made 1 rupee (minus your other costs) profit.
A percent of the cost of an item added onto the item's cost?
Mark-up, it is not profit. Profit must account for other fixed costs associated with selling
What is the number from which the subtrahend is subtracted?
The subtrahend is subtracted from the minuend
What is 45 subtracted from184?
45 subtracted from184 = -139
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