whats profit

Profit is how much you make after you deduct costs. So, for a company, it would be the net gain.

Benefits - Losses = profit.

I think it is how much you earn ( if you have a job ).

Thanks AzizHusain. You saved my life.

But, benefits - losses = profits only if you have more benefits than losses! Or else, no profits but major debt!

Ok thank you, AzizHusain. I now understand.