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what is the diffrence between gross profit& net proffit?
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Answer Posted / shaik bajivali
NET PROFIT IS THE PROFIT THAT ARAISES AFTER THE DEDUCTION
OF ALL EXPENSES INCLUDING OFFICE EXPENSES.
AND GROSS PROFIT ARAISES AFTER DEDUCTIONS OF ONLY TRADING
A. CEXPENSES AND IN THESE ONLY MANUFACTURING COST IS
DEDUCTED
| Is This Answer Correct ? | 4 Yes | 6 No |
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