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gross profit margin

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

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September 10, 2014 at 6:07 pm #194589
XXY
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Sir,
Sales of goods ( gross profit margin 40% on sales)………… $ 15000
What does “gross profit margin 40% on sales” means?
September 10, 2014 at 8:50 pm #194608
John Moffat
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I do suggest that you watch my free lecture on mark-ups and margins!
A gross profit margin of 40% means that the gross profit is 40% of the sales revenue.
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