Question: How do I calculate GPP on goods sold?

tomble — Sat, 09 Sep 2006 17:36:34 -0800

How do I calculate Gross Profit Percentage (GPP) on goods I sell?

I've tried google but it has confounded my limited maths skills.

I want to calculate GPP on goods. I have the cost of the goods, the sale price, the gross profit, but I don't remember how to get the GPP figure.

Cost : $5.00
Sale : $12.00
Profit : $7.00
GPP = ?

I know this is really simple, but I can't remember how it's done and I really need to get it right.

By: matthewr

matthewr — Sat, 09 Sep 2006 17:44:26 -0800

GPP = Profit/Sale = 7/12 = 58.3%

By: tomble

tomble — Sun, 10 Sep 2006 08:20:18 -0800

Thank you!

Comments on: How do I calculate GPP on goods sold?

Question: How do I calculate GPP on goods sold?

By: matthewr

By: tomble