What is the formula for calculating profit? — AccountingTools
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WEBNov 14, 2023 · The profit formula is stated as a percentage, where all expenses are first subtracted from sales, and the result is divided by sales. The formula is: (Sales - Expenses) ÷ Sales = Profit formula. Example of the Profit Calculation. A business generates $500,000 of sales and incurs $492,000 of expenses. The result of its profit …
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