Profit From MAC KENT

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===== Profit From MAC KENT =====

[[:en:mackent|˂ back to previous section]]

**Question: What is the profit generated from?** \\
Answer: The profit is the net difference between actual sale and buy price.\\
For example: You bought MAC KENT share for 1,000 euro at the price of 45,000 euro per unit. After a while, MAC KENT has increased by 20% up to 54,000 euro per unit. Accordingly, your MAC KENT share purchased for 1000 euro, has also increased in value by 20% and now you can sell it for 1200 euro. Your net profit is calculated as follows: 1200 euro (sale price) minus 1000 euro (purchase price) equals to 200 euro.

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**Question: Where can I view profit from my MAC KENT?** \\
Answer: The profit from your MAC KENT is displayed in the “PROFIT” widget of green color on the platform home page.

Direct link:\\
[[https://office.kent.club/en|https://office.kent.club/en]]

The “PROFIT” widget is also available in MAC KENT section. Go to “KENT P2P” in the main menu, and click “MORE INFORMATION ABOUT MAC” button.

Direct link:\\
[[https://p2p.kent.club/en/kent|https://p2p.kent.club/en/kent]]

The profit is indicated in KentCash club internal currency. One KentCash equals to one euro.

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**Question: How can I check if the profit displayed correctly?** \\
Answer: To do this, you will have to do some calculations. The profit calculation formula looks as follows:

BALANCE + SOLD + ON SALE - BOUGHT = PROFIT.

It looks complicated, but only at first glance. Sum up the following elements:\\
1. MAC KENT on your balance (“BALANCE” widget).\\
2. MAC KENT sold by this moment ("SOLD" widget).\\
3. MAC KENT offered for sale (add up the cost of all active lots offered for sale).

Then subtract from the resulting number the total amount you spent on MAC KENT purchasing ("BOUGHT" widget).

Thus, you will get your net profit at the moment.

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**Question: Does my net profit depend on the amount of my MAC KENT?** \\
Answer: Yes, it does. The bigger your MAC KENT balance, the bigger the profit is. For example, you bought a share of MAC KENT for 100 euro. Since then, MAC KENT price has grown by 5%. Your net profit will be 5% of 100 euro, that is 5 euro. But if you bought a share of MAC KENT for 1000 euro, and its price increases by 5%, your net profit will be 5% of 1000 euro, that is 50 euro.

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**Question: Is it possible to withdraw profit, and leave the body of MAC KENT? ** \\
Answer: No. Your profit is in MAC KENT itself. You purchased it at one price, and now it costs more. Accordingly, to withdraw the profit, you will need to sell either a part or the entire asset you have on your balance.