Question

If Gross profit is Rs. 52,000, Non-core expenses is Rs. 25,000, Non-Core income is Rs. 8,000, then the amount of net profit is

• A. Rs. 40,000
• B. Rs. 35,000
• C. Rs. 60,000
• D. Rs. 20,000

Answer 1

The correct option is B Rs. 35,000

Net profit = Gross profit + Non-core incomes - Non-core expenses
Net profit = 52,000 + 8,000 - 25,000
Net profit = Rs. 35,000