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Meaning of gross profit margin

 

 

 

Gross profit margin

 

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Business glossary

 

Meaning of term gross profit margin :

 

The gross profit margin shows the level of gross profit as a percentage of sales (gross profit is the turnover less the cost of sales). It is calculated by dividing the gross profit by the level of sales and multiplying by 100 to get it as a percentage.

 

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