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How do you calculate the profit on a product?:​
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How do you calculate the profit on a product?:​

User Joseth
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Answer:

The gross profit on a product is computed as follows:

Sales - Cost of Goods Sold = Gross Profit.

Gross Profit / Sales = Gross Profit Margin.

(Selling Price - Cost to Produce) / Cost to Produce = Markup Percentage.

Step-by-step explanation:

User Akmozo
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