Accounting for loss for profit insurance

Sir while calculating the GROSS profit for the purpose of finding the % of GP WE take the net profit, what is this net profit ?

aman kawad

CA Inter

★ 7K+

07-Jul-20

Answers (3)

Net profit for the last financial year

ruchi lahoti

CA Inter

★ 27K+

08-Jul-20

Net profit is the actual profit received or profit after eliminating our expenses

Sudheer Kumar

CA Inter

★ 915

11-Jul-20

Net profit is the profit after eliminating the expenses

rishi aravind

CA Inter

★ 1K+

11-Jul-20

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