A company’s revenue from operations are ₹ 20,00,000; cost of revenue from operations is ₹ 14,00,000 and indirect expenses are ₹ 2,00,000. What is the amount of gross profit?

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₹ 6,00,000 Explanation: Given: Revenue from operations = ₹ 20,00,000 Cost of revenue from operations = ₹ 14,00,000 Gross profit = Revenue from operations − Cost of revenue from operations = ₹ 20,00,000 − ₹ 14,00,000 = ₹ 6,00,000

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