Resale - Cost Gross Profit 12 resale - 7 cost 5 Gross Profit Step 2. The gross profit is the difference between sales and the cost of goods sold COGS. What Does Gross Profit Percentage Tell Me.
The Gross Profit Percentage GPP is a ratio that can be derived from an income statement and reveals the profit left over from operations after all variable costs have been subtracted from revenues.
5 Gross Profit 12 Resale 4166 Then multiply by 100 to get the So 4166 x 100 4166 So your gross profit margin percentage is 4166. 5 Gross Profit 12 Resale 4166 Then multiply by 100 to get the So 4166 x 100 4166 So your gross profit margin percentage is 4166. Gross profit is a companys profit after subtracting the costs of producing goods and services. Lets take a look at an example.