Gross Profit

on . Posted in Project Management Engineering

Gross profit, abbreviated as GP, also called profit margin, measures the amount of sales that exceded the cost of the goods sold.

 

gross profit Formula

\(\large{ GP =  NS - COGS }\)
Symbol
\(\large{ GP }\) = gross profit
\(\large{ COGS }\) = cost of goods sold
\(\large{ NS }\) = net sales

 

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