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How to Calculate Gross Profit Margin Easy Trick - Profits Tips and Tricks
In this video i am showing how to easily calculate the gross profit and gross profit margin. i divided it into two easy steps. Gross profit and gross profit margins are really important in business, retail industry , financial industry and even for students, so in this video i make it simple to calculate. Please note gross profit margin always show as percentage. Below are the formulas
Gross Profit=Sales Revenue-Cost of Goods Sold
Gross Profit Margin=Gross Profit/Sales Revenue * 100
#grossprofit#businessprofits#profits
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