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What is the defination of net profit?

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Wiki User
11/16/2013

1-in addition the net profit, calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.

2-Net profit, also referred to as the bottom line, net income, or net earnings is a measure of the profitability of a venture after accounting for all costs.

We explain the definition of Net Profit, provide a clear example of the formula, and explain why it's an important concept in business, finance & investing