Answer Posted / suryakanta sahoo

When calucating the company profit/loss we can see Tradeing
and P/L A/c
The gross profit margin tells you how much remains from
sales after you pay for the cost of the goods sold.
Your gross profit = total sales revenue - variable costs
Your gross profit margin = gross profit ÷ total sales revenue

Your net profit = total sales revenue - variable costs -
fixed costs

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