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What is difference between profit, revenue?
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Answer / shekib
Profit is the income over expenditure but revenue the money
which you get from your investment with out deducation of
any penny for tax and other expenditure.
| Is This Answer Correct ? | 4 Yes | 5 No |
Revenue is the nominal item that arises due to a sale of
product or service whereas profit is the gain that arised
due to such a sale,i.e. the revenue exceeds original cost
of the product sold.
eg, Cost of a bag=Rs.500
Sale price of the bag=Rs.600
Revenue= Rs.600
Profit=(600-500)=Rs.100
| Is This Answer Correct ? | 3 Yes | 4 No |
Profit means total income less total expenses,
Revenue means total received or receiveble against sale of
goods or service done to others
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / arpan jain
Profits or net income generally imply total revenue minus
total expenses.
So Profit=Revenue-Expenses
You can refer the below link also, if you have any doubt.
http://en.wikipedia.org/wiki/Revenue
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / balakrishnan m
Revenue - gross income
profit - net income ( income - expenes )
| Is This Answer Correct ? | 0 Yes | 4 No |
Answer / c.a kousik
one request if you do not know the Answer its better to SHUT
..For ex,,,above answer by Rajini ..so shut and log out
....For answer refer GOOGLE.Com
| Is This Answer Correct ? | 10 Yes | 18 No |
Answer / rajani
Profit is the profit of the company.
But,
Revenue is the revenue of the company
| Is This Answer Correct ? | 1 Yes | 75 No |
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