When expenses on trading are deducted, the result is the
Answer Details
When expenses on trading are deducted, the result is the net profit.
Trading expenses are the costs incurred in the process of buying and selling goods or services, such as transaction fees, commissions, and other charges. When these expenses are subtracted from the revenue earned through trading, the result is the net profit.
Net profit is the amount of money left over after all expenses have been subtracted from the revenue. It is a measure of a business's profitability and can be used to determine the financial health of a company. If the net profit is positive, it means that the business is making a profit after accounting for all expenses. If it is negative, it means that the business is operating at a loss.
In summary, net profit is the amount of money a business earns after all trading expenses have been deducted.