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JSCE Business Studies 2024 Objective — Question 36

Question 36 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.

If the expenses of selling and running a business exceed the gross profit, it will result in ______

A. selling profit
B. net profit
C. net lossCorrect
D. purchasing profit

Explanation

When expenses are more than gross profit, the result is a net loss.

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