Net profit is equal to ______?

خالص منافع ______ کے برابر ہے؟

Sales less cost of sales and operating expenses

Gross Profit less operating expenses

Both A and B

None of these

Explanation

Sales less operating expenses – Net profit is calculated after deducting all operating expenses from total sales.

Gross profit less operating expenses – Gross profit is derived from sales minus the cost of sales, and deducting operating expenses from it gives net profit.