Calculate Net Profit from the following information:
a)Gross Profit:Rs 56000
b)Salaries: Rs 12000
c) Advertising: Rs5000
d)Travelling Expenses: Rs5000
e) Rent Received : Rs 2500
Thumbs-up to Rahul for correct answer.
However, the calculation of Net Profit is as follows.
However, the calculation of Net Profit is as follows.