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"Net", as in "net profit", or "net income", usually refers to the difference between selling price and the cost to produce something, or the difference between the total money you get, officially (as salary) and different discounts); so you need to add all income, and subtract all costs or discounts.
Wiki User
∙ 7y ago
Wiki User
∙ 7y agoNet refers to a basic amount after adjusting for some other contributing factors.For example,
Net weight = weight of container (tin) and contents minusweight of container (= the weight of the stuff that you are interested in).
Net income = Total pay less taxes and other contributions (= the total amount of money that you actually get).
Purchase price = Retail price plus sales tax (VAT) (= the total amount of money you have to pay).
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Can you explain how you calculate it?
Math.
What is meant by the term net in a math question?
A net is an unfolded 3D geometrical shape
What is a net in math that has 4 triangles?
a triangular pyramid
Math used in carpeting?
yes, they use math to calculate the area for the room.
How is math related to traveling?
calculate distanceSpeedtimemoney
How do you calculate net working capital?
How do you calculate net working capital?
How do you calculate pretax net operating income?
How do you calculate pre-tax net operating income
How do you calculate net price?
To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.
How do you calculate net-price?
To calculate the net price of a given commodity, subtract the expresses from the gross prices. The new figure is will be the net price.
Can you explain how you calculate it?
Math.
How to calculate net floor areas?
How to calculate the net floor area when you know the gross floor area
What is meant by the term net in a math question?
A net is an unfolded 3D geometrical shape
How do you calculate the net sale margin?
Net sales divided by income
What are 5 ways a math teacher use math?
To calculate money spent, to make percentages on a pie chart, solve math problems, add fractions, and calculate trajectories.
How does a company calculate Net Income?
Net income = Net Sales - Expenses (the cost of doing business)
How do you calculate the net asset ratio?
Net Asset Ratio = Total Net Assets/Total Assets
How do you Calculate Net Profit Margin?
Net profit margin is calculated as net income divided by sales.
