If somebody offered to give me £20 if I give them £10, have I actually made a profit?
2 answers:
Answer:
Yes, you have made a profit.
Step-by-step explanation:
Basically, profit just means that you end up having more money than you started with.
Since you started with 10 and got a 20 in exchange for it, you now have 10 dollars more than you previously did, meaning you made a profit.
Answer:
You are correct because the profit is you gain more than you gave to someone.
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