New Enroll in RBI Grade B New Batch - Starts on May 21

    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

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