Answer:
The three types of business profit are gross profit, operating profit, and net profit.
Explanation:
Gross profit is the total revenue of a business minus the cost of goods sold. It is the profit that is left after the cost of producing and selling the goods or services has been paid for.
Operating profit is the gross profit minus operating expenses. Operating expenses include things like marketing, rent, wages, utilities, and depreciation.
Net profit is the operating profit minus taxes and other expenses. This is the actual profit that can be used to pay dividends to shareholders, pay off debt, or reinvest into the business.