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Gross Profit Percentage

oboloo Glossary

Gross Profit Percentage

Gross Profit Percentage is a business metric that measures the profit made from selling products and services after deducting the costs associated with creating those products and services. It’s an important indicator of how efficiently a business produces goods, as well as how successfully it can recoup its expenses through sales. Expressed as a percentage, this figure equals gross profits divided by total revenue, and allows businesses to calculate their overall profitability – essential for success in the cut-throat corporate world!

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