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Define Retained profits. - Business Studies

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प्रश्न

Define Retained profits.

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उत्तर

Retained earnings or Ploughing back of profits refers to the process of retaining a part of the net profit year after year and reinvesting the same in business. 

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अध्याय 18: Sources of Business Finance - EXERCISES [पृष्ठ २६९]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 18 Sources of Business Finance
EXERCISES | Q II. 4. | पृष्ठ २६९
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