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Net profit in a business is

Net profit in a business is

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A The amount of money taken out of the business by the owner
B The cash in the business bank account
C The difference between sales and cost of sales
D Sales revenue less cost of sales expenses

Correct Answer: Option D

Explanation:
Net profit is the actual profit after working expenses not included in the calculation of gross profit have been paid.

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