Gross Profit Percentage
Gross Profit Percentage Formula |
\( GPP \;=\; \dfrac{ R - COS }{ R } \cdot 100 \) |
Symbol |
\( GPP \) = gross profit percentage |
\( COS \) = cost of sales |
\( R \) = revenue |
Gross profit percentage, abbreviated as GPP, is the ratio of the cost of sales to the revenue.