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JSCE Business Studies 2022 Objective — Question 15

Question 15 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.

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The excess of gross profit over expenses is called ____

  • A. yearly profit
  • B. eat profit
  • C. gross profit
  • D. net profitCorrect

Explanation

Gross profit minus expenses is net profit.

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