The formula for calculating profit ... is calculated by multiplying the selling price by price – cost price) / cost price x 100. The gross profit percentage is calculated as (Selling price - cost ...

Gross Profit Percentage Ratio works out the amount of profit from the buying and selling of goods before all other expenses are deducted.

For example, if their gross profit figure doubled over the period of a year, most businesses would be pleased. However, this may not tell the full story: ...