Profit margin is the percentage of revenue (income from sales) your business keeps as profit. It is one of the most common metrics used in accounting to determine your business's health.

Understanding how to calculate profit can help business owners make better-informed decisions.

The function will return 500, disregarding the negative sign. This can be particularly useful when you only want to see the total change in profit while ignoring any losses.

Gross profit is the profit a company makes after deducting the costs of making and selling its products or services. It's also referred to as gross income.