Professional charge for rendering services :
(a) Rent (b) Profit (c) Fee (d) Interest
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Fee
The professional charge for rendering any service is called fee.
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A professional charge for ending services is known as a fee.
- Rent is an amount which is paid to a person who owns a particular property and gives it to the person who requires it for residential or commercial purposes. He is the amount to the landlord or to the person who owns the property which is known as rent.
- Profit is earned through business by selling goods or services.
- The professional charge for entering services is charged by various professionals like doctors and lawyers. They specialised in their own fields and charge for the time and service.
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