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what is royalty and how it is calculated?

Answers were Sorted based on User's Feedback



what is royalty and how it is calculated?..

Answer / akshitha

A royalty is the landowner's share of the gross production,
which is free of the costs of production.Payment made for
use of property, especially a patent, copyrighted
work,natural resource etc.,Royalities can be received in
our own books.

Is This Answer Correct ?    3 Yes 0 No

what is royalty and how it is calculated?..

Answer / avinash

A royalty is the landowner's share of the gross production,
which is free of the costs of production.Payment made for
use of property, especially a patent, copyrighted
work,natural resource etc.,Royalities can be received in
our own books.

Is This Answer Correct ?    2 Yes 0 No

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