Jenny's profit was $4,430.
What is profit and loss?
- The financial returns (or outgoings without returns) from any company activity or trade are referred to as profit and loss, two phrases that are fundamental to commerce.
- The total income generated by an activity is subtracted from the total costs to determine profit and loss.
- It appears as follows: Entire revenue - total expenses = profit and loss.
- You've lost money if the final total is negative. If the result is positive, you have earned money.
Money Spent = $70
Total Revenue = $4500
Net Profit = $4,430
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