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What is the Gross Profit Percentage?

April 26, 2017gross PERCENTAGE profit

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What is the Gross Profit Percentage?

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The Gross Profit Percentage is a ratio which can be derived from an income statement. GPP reveals the resulting profit from operations after all variable costs have been subtracted from revenues. It can be used for determining the efficiency of the performance of a company, because it shows the production efficiency in relation to the prices and unit volumes at which products or services are sold.