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Profit is related to monetary and material growth. Gain is in kind, it's beyond money.
it's difficult to explain in detail but it's very much like the difference between price and value. That's the reason why we always "gain new skills and knowledge" and not "profit skills and knowledge !!!!!!!!!!!!!"Truly, we should look after maximum gain rather than maximum profit in all our dealings.
Wiki User
∙ 16y ago
Wiki User
∙ 15y agoprofit=total revenue-total cost,which is the net icome of the organisation gain can be anything over your cost,normally revenue over your cost is treated as gain
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What is the difference between profit and profability?
Profit is the financial gain, after the money spent is earned back. Profitability is the ability something has to make a profit.
What is difference between non profit and not for profit?
There is no difference.
Difference between not for profit and non profit?
No difference.
What is the difference between non profit hospitals and for profit hospitals?
What is difference between trust run and for-profit hospitals
What is the difference between not-for-profit and non-profit?
No difference. They mean the same thing.
What is the difference between not-profit and non-profit?
No difference. They mean the same thing.
What is the difference between non-profit and not-for-profit?
There is not difference; they mean the same thing.
How radio gain profit?
Radio stations generate income from companies who pay to have their adverts on the radio. The difference between this income and the costs the radio station have, mostly people costs, is the profit
What is the difference between dividend and profit share?
difrent between profit and divident
Which is the best definition of profit?
a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
In accounting profit is the difference between what?
difference between revenue and costs
What is the difference between profit making accounting and not for profit making accounting?
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
