Net profit is the final measure of profitability, and is generally understood to mean 'what is left over after every possible deduction has been subtracted from gross profit'. Net profit relies on finding the gross profit and operating profit first (or in the process of deducting expenses) and then subtracting business losses, business interest incurred, and taxes.

How to calculate net profit: Net Profit = Operating Profit - Expenses, Losses, Interest, and Taxes

Prior to finding types of profit that may be derived from gross profit: Operating Profit, Net Profit, Gross Profit Margin

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