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.
profits equal total revenue less total expenses for example say that at a price of $ 10 you think you can sell 200 products and incur fixed expenses of $ 1000 and marginal expenses of $ 800 the total revenue at this price level is 200 multiplied by $ 10 or 2000 total expenses are $ 1800 and profit is $ 200