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Comprehend Concepts Of 'Net' & 'Gross' (for UPSC CSE)

Lesson 4 of 9 • 874 upvotes • 8:20mins

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Ayussh Sanghi

This lesson highlights the concepts of 'Net' & 'Gross' and how they differ from each other. The presenter begins the lesson by providing the definition of 'net' and related concepts such as depreciation. He furthers the understanding by explaining the concept of 'net' in terms of the Gross Domestic Product. Using simple examples, he explains the difference between the gross & net value. Also, the formula to differentiate between the same is shed light on.

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