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Question 127Asked in DSSSB TGT Computer Science, 25 Jun 2023, Shift 3 (4:30 PM)

The excess of Revenue Income over expense is called ______, and it could be calculated for each transaction or for business as a whole.

  1. Atransaction
  2. Bprofit
  3. Casset
  4. Dgoods
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Correct answer: (B) profit

Explanation

Profit is the excess of revenue over expenses. It can be worked out for a single transaction or for the whole business over a period.

From DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 3 (4:30 PM)

This is question 127 of DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.