Business GCSE
Net Profit
What Net Profit means in Business GCSE, as defined for OCR.
Definition of Net Profit
Gross profit minus all other operating expenses.
Topics that use Net Profit
- Revenue, costs, profit and loss (OCR GCSE)
Related terms
Using Net Profit in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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