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kkurt [141]
3 years ago
11

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

Business
1 answer:
Neko [114]3 years ago
4 0

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.

Explanation:

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