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Profit (English)

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Definition (keystage 2)

The amount of money which someone makes by buying a particular object and then selling it. For instance if six apples are bought for 50p and sold for £1.20, the profit that has been made is 70p.

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Relations

broader:: (en) FinancialTerm; (en) Price
references:: (en) Money problem
see also:: (en) Loss

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