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what is the difference between profit and gain?
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Answer / sreenivas
profit generated from primary business operations, and
where as gains are generated from other than business operations
| Is This Answer Correct ? | 13 Yes | 13 No |
Answer / d subbulakshmi
Profit can be received within short period in the business...
Example : revenue less cost of expenses.
Gain can be received by long period only....
Example : By investing in shares and selling after a long time for deriving benefits called Gain.
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / pradeep
profit is operating income and gain is non profit income
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sivashankaran
profit is nothing but income derived from business
operation where as gain is on capital
for example you invested money in share market. if u get
dividend for that it is profit and if you get bonus it is
gain
| Is This Answer Correct ? | 16 Yes | 17 No |
Answer / navin kamlesh
it is when u leift your left leg up and right leg sideways
and the middle leg hangs loose
| Is This Answer Correct ? | 3 Yes | 5 No |
Answer / kvnbalaram
PROFIT IS GETTINT THROUGH DOING BUSINESS .GAIN IS CALLED
PROFIT. IT GAIN THROGH SALING ASSETS MORE THAN PURCHAGED
CAST.
| Is This Answer Correct ? | 3 Yes | 6 No |
Answer / ankur chavda
PROFIT IS WHAT YOU GOT FORM YOUR REGULAR BUSINESS ACTIVITY
AND IT IS MORE OR LESS ESTIMATED. IT IS NEAR TO OR AROUND
YOUR ESTIMATION.
WHILE GAIN MEANS YOU GOT FORM ANY INVESTMENT AND YOU HAVE
NOT EVEN ESTIMATED.
| Is This Answer Correct ? | 4 Yes | 7 No |
Answer / suresh
profit means return of our investment,
gain means what we earned by putting our efforts
what ever it may be like money ,knowledge,
| Is This Answer Correct ? | 4 Yes | 8 No |
Answer / chingmeng
profit is revenue- expenses,whereas gain is the amount
earned by a company which is incidental like winning a law
suit, selling of a property etc.
| Is This Answer Correct ? | 2 Yes | 7 No |
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