Iranâs total non-oil exports topped $37 billion in total over the past 11 months, a 15 percent rise over the previous year, when sanctions were at their most stringent level. This included more than $550 million in trade with the United States, according to Iranian officials.
Wiktionary (2.00 / 1 vote) Rate this definition: profit (Noun) Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price. profit (Noun) Benefit, positive result obtained.
Calculating a profit. A profit is made when something is sold for more than it cost to buy. It is the money made on a deal. When money is lost on a deal, it is called a loss. To work out how much profit is made on something you have to first find out how much it cost, then how much it was sold for. The difference between these two is the profit, or loss. Have a look at the example below. Example. A greengrocer bought 8 bunches of grapes for Â£6.24 and was able to sell them all for Â£1.20 per bunch. How much profit did the greengrocer make? Selling price = 8 x Â£1.20 = Â£9.60. Profit = Â£9.60 - Â£6.24 = Â£3.36