If i stands for income and e stands for expenses, what is the formula for p, profits?

Ritchie asked Oct 1, 2023

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Ritchie asked Oct 1, 2023

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23 votes

Answer:

p=i-e

Explanation:

If one were to earn $1000 doing some work, but they had to pay $250 to buy tools or whatever else they may need, then that's $750 profit.

$p=i-e\\\\p=1000-250\\p=750$

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