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'''Rate of profit''' is the the relation of [[Surplus value|surplus value]] to [[Cost price|cost price]]. The higher [[Surplus value|surplus value]] is relative to [[Cost price|cost price]], the higher the [[Rate of profit|rate of profit]] is. Put another way, [[Surplus value|Surplus value]]/[[Cost price|Cost price]] = [[Rate of profit|Rate of Profit]]. | |||
Revision as of 20:06, 24 December 2020
Rate of profit is the the relation of surplus value to cost price. The higher surplus value is relative to cost price, the higher the rate of profit is. Put another way, Surplus value/Cost price = Rate of Profit.