Question

Price Reading Quiz QUESTION 3 of 10: is the total revenue of a business less all expenses over a period of time. Oa) Profit O b) Cost OC) Markdown O d) Margin Submit​

Answer 1

Answer:

Profit

Explanation:

Profit is the monetary or financial gain by a business when its revenues exceed costs. Revenue is the income a company gets through selling its goods and services. Costs are the expenses incurred in making goods and services for sale.

If the revenues are more than the costs, a business will make profits. But if the costs are more, the company will suffer losses.