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O-LevelCommerceFinance7100/12 · Oct/Nov 2025 · Q361 Mark

What is gross profit?

Acost of buying raw materials

Brevenue from selling products

Crevenue minus all expenses

Drevenue minus cost of goods sold

✓ Correct answer

D: revenue minus cost of goods sold

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2025 Paper 1 Variant 2, question 36.

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