Ask Question
13 December, 19:16

Profit is best described as

a. a gain in material items or money after any type of transaction.

c. a monetary loss after a transaction.

b. a monetary gain that occurs as the result of a transaction.

d. the term used to describe an equal trade in goods or services.

+5
Answers (1)
  1. 13 December, 19:26
    0
    Profit is a gain after any type of transaction. for example, if you buy a cup for $5 and sold it later on for $10, then the profit that you gained after your transaction of selling the cup is $5. All I did here is subtract 10$ to 5$ because you bought the cup at a cost of $5
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Profit is best described as a. a gain in material items or money after any type of transaction. c. a monetary loss after a transaction. b. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers