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what is the difference between gross profit and net profit?
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Answer Posted / jagdish kumar verma
the difference between gross profit is the amount of
product and sale process Amount Between subtracting in net
sale of product equal to gross profit Ex:- (product
production+sale process amount-Net Sale=Gross Profit)and
the Net Profit means the amount of production,sale process
and all depriciation charges subtracting of Sale amount of
Product equal to Net profit.Ex:-(production amount+sale
process+depriciation charges-Net Sale of Product=Net Profit)
| Is This Answer Correct ? | 2 Yes | 1 No |
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