Net profit is calculated after deducting which of the following from gross profit?

• All of the above
• Taxes
• Interest
• Operating expenses

Related MCQs

• If the Gross profit is Rs. 5,000 and the net profit is 25% of the Gross profit. The expenses?
• Gross Profit Ratio for a firm remains same but the Net Profit Ratio is decreasing. The reason for such behavior could be:
• A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The quantity sold at 18% profit is ______?
• A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%.What is his overall profit percentage?
• What is gross profit?
• The calculation formula for the gross profit is _____?
• What is the effect of an increase in COGS on gross profit?
• If the COGS for a product is RS 120 and the gross profit is RS 80, what is the selling price?
• If the selling price of a product is rs 150, and the COGS is Rs 80, what is the gross profit?
• COGS is subtracted from which revenue to determine gross profit?