New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Gross profit is

    -
    A Cost of goods sold + Opening stock Correct Answer Incorrect Answer
    B Excess of sales over cost of goods sold Correct Answer Incorrect Answer
    C Sales fewer Purchases Correct Answer Incorrect Answer
    D Net profit fewer expenses of the period 4 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next