Differences b/w REVENUE and PROFIT

Others 674 views 1 replies

Hi ,

I am preparing for coming CPT and working in a Co.

I'm very much confused while understanding Revenue Concept can anyone help me in regarding this?

What are all the diff b/w Revenue and Profit?

 

Regards,

Dilip

Replies (1)

Revenue is income like sales, and profit is gain means Revenue minus expenses incurred to earn that income. For example: Sales(Revenue) - Purchases(Expenses)=Profit.


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