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What's the difference between gross profit and net profit?
1. Gross profit generally refers to gross profit, which is the balance of commodity sales income (selling price) of commercial enterprises MINUS the original purchase price of commodities. The symmetry of net profit is also called the difference between the purchase and sale of goods. Because there is no deduction of commodity circulation fees and taxes, it is not net profit, so it is called gross profit.

2. Net profit is also called "net profit", "net profit" or "net income" and "net profit". "Gross profit" symmetry is the net income of enterprise production and operation. The total income of a commercial enterprise is the net profit after deducting all expenses inside and outside the business, as well as the sales tax and education surcharge that should be paid, plus the joint venture income MINUS the joint venture expenses. It is the final financial achievement of all economic activities of the whole enterprise.

Tips: The above explanations are for reference only.

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