Profit means you make some money after you pay everything like this John brought 10 fresh apples they each cost £1 so in total £10 he sold them £2 for each he sold every single 10 apples so he got £20 but he spent £10 so his profit was £10.
A loss means when you pay for something but you don't make a profit example John brought 10 apples each 1 £1 so if he brought ten and sold it for £1 each and only sold 6 he lost £4.
Our business made a big profit because I had 100
we also learned supply and demand supply means how many you have demand means price so demand needs to meet supply
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