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Gross Profit Formula

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Gross Profit is the profit a company makes after deducting the costs associated with making and selling its products. Check FAQs

GP = SP - C

GP - Gross Profit?SP - Selling Price?C - Cost?

Gross Profit Example

With values

With units

Only example

Here is how the Gross Profit equation looks like with Values.

Here is how the Gross Profit equation looks like with Units.

Here is how the Gross Profit equation looks like.

7502 = 8725 - 1223

7502 = 8725 - 1223

7502 = 8725 - 1223

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Gross Profit Solution

Follow our step by step solution on how to calculate Gross Profit?

FIRST Step Consider the formula

GP = SP - C

Next Step Substitute values of Variables

∴

GP = 8725 - 1223

Next Step Prepare to Evaluate

∴

GP = 8725 - 1223

LAST Step Evaluate

∴

GP = 7502

Gross Profit Formula Elements

Variables

Gross Profit

Gross Profit is the profit a company makes after deducting the costs associated with making and selling its products.

Symbol: GP

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Gross Profit

Selling Price

The Selling Price indicates the price associated with the selling of the products.

Symbol: SP

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Selling Price

Cost

Cost indicates the price associated with the making of the product.

Symbol: C

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Cost

Other formulas in Retail Sales Mark Up category

Go Markup Markdown Percentage

MU MD % = (\frac{GP}{C}) \cdot 100

Go Profit Margin

PM = (\frac{GP}{SP}) \cdot 100

How to Evaluate Gross Profit?

Gross Profit evaluator uses Gross Profit = Selling Price-Cost to evaluate the Gross Profit, Gross Profit is the profit a company makes after deducting the costs associated with making and selling its products. Gross Profit is denoted by GP symbol.

How to evaluate Gross Profit using this online evaluator? To use this online evaluator for Gross Profit, enter Selling Price (SP) & Cost (C) and hit the calculate button.

FAQs on Gross Profit

What is the formula to find Gross Profit?

The formula of Gross Profit is expressed as Gross Profit = Selling Price-Cost. Here is an example- -1103 = 8725-1223.

How to calculate Gross Profit?

With Selling Price (SP) & Cost (C) we can find Gross Profit using the formula - Gross Profit = Selling Price-Cost.

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: Unit

Gross Profit Formula

Gross Profit Example

Gross Profit Solution

Gross Profit Formula Elements

Other formulas in Retail Sales Mark Up category

How to Evaluate Gross Profit?

FAQs on Gross Profit

Variable Name