Profit after costs

The idea

Use profit or a profit for money earned after costs, and make a profit when a business earns more than it spends.

Examples

• The bakery made a profit last month.
• Our profit rose after costs fell.
• They sold the bikes at a profit.
• The shop uses its profit to buy tools.
• A small profit helped the farm grow.
• The café reported higher profits this year.

Watch out

Sales are not the same as profit: costs must be taken into account.

Try it yourself

1. Choose the correct word. After costs, the studio had a ___. (profit / debt)

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   profit

   profit is the amount left after costs.

2. Choose the correct word. The stall hopes to make ___ profit. (a / an)

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   a

   a completes the usual phrase for earning more than costs.

3. Choose the correct word. The seller sold the lamp ___ a profit. (at / on)

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   at

   at introduces the profitable selling price.

Use it today

Describe a business that makes a profit and what it does with the money.