What are the three types of profits?

1. Gross profit: This is the difference between revenue and the cost of goods sold. It represents the amount of money a company makes from its core business activities before deducting operating expenses.

2. Operating profit: This is the profit earned from a company's normal business operations after deducting operating expenses such as salaries, rent, utilities, and other day-to-day expenses. It does not include non-operating income or expenses.

3. Net profit: This is the final profit figure after deducting all expenses, including operating expenses, non-operating expenses, taxes, and interest. It represents the amount of money a company has left over after all expenses have been paid.

1. Gross profit
2. Operating profit
3. Net profit