Question

Question No-11
Question 11
The excess amount over cost price is termed' as-
Closing Balance
Loading
Cash
None of these​

Answer 1

Answer:

I can answer for you because I'm bit expert in these things

Answer 2

The excess amount over cost price is termed' as gross profit. (Option D)

• Every employer produces a earnings and loss assertion on the give up of a particular length of time, usually, a year, to set up its profitability.
• There are aspects to earnings and loss statements. On one side, sales are stated, even as on the other, expenses are noted.
• Profit is the distinction between earnings and value, and vice versa.
• The distinction between the promoting rate and the value of the matters bought is the gross earnings.
• As a result, the proper reaction is alternative D.