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What does profit mean for a business?

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Question

What does profit mean for a business?

Options

  • The total sales a business makes.

  • The money left after paying all costs.

  • The total cost of running a business.

  • The amount collected as tax.

MCQ
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Solution

The money left after paying all costs.

Explanation:

Profit is the amount that remains after deducting all expenses from revenue, indicating the actual earnings.

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