How Many Types Of Profits Are There?

2

2 Answers

Anonymous Profile
Anonymous answered
Roma,

Profits are the gains in business activity. There are different types of profits including normal profit, economic profit, accounting profit,supernormal profit  and social profit.

Attached link certainly defines your query.

http://en.wikipedia.org/wiki/Profit

If your need further assistance, do not hesitate replying.

Thanks

Anonymous Profile
Anonymous answered
There are basically two types of profits which are as follows:
1.      Business or Accounting Profit (which is Revenue minus explicit cost)
2.      Economic Profit (which is the Revenue and Implicit cost)
www.investopedia.com

Answer Question

Anonymous