A grocery store earned P225,000
from selling their goods during the
month of April. These goods sold
were first purchased at an amount
of P160,000. Salaries paid to
employees is P25,000, utilities paid
is P4,000 and rent of the selling
area is P6,000. How much is the net
income of the grocery?
Answers & Comments
The net income of the grocery is 30,000