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If you have gross amount how do you get net amount?

Answer:

Subtract.

Gross is the amount you started with. Net is the amount you have left after some was taken away. (for whatever reason)

So if you gross $1000 and than pay $200 in taxes you "net" $800

1000 - 200 = 800

If you gross $1000 in sales volume but it cost you $900 to produce the items you sold your "net" would be $100 profit

$1000 - 900 = 100

Contributor:

Ninjavega

First answer by Ninjavega. Last edit by Ninjavega. Contributor trust: 16 [recommend contributor ]. Question popularity: 1 [recommend question].

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