Enter your keyword

Gross Profit Formula

 

Gross profit is the total revenue minus cost of things sold. It is the company’s profit before all interest and tax payments. Gross profit is also called gross margin.  Find below the formula to calculate the gross profit of a company.

Gross Profit Formula

Back to Top

Find the formula for gross formula,

Examples of Gross Profit

Back to Top

Some solved examples of gross profit are given below,

Solved Examples

Question 1:

If the cost of a fan is 5.30 dollar and sold at 7.90 dollar. Find the gross profit?

Solution:

Given Revenue = $5.30
Selling price = $7.90
Gross Profit  = Selling price – Revenue
Gross Profit  = 7.90 – 5.30
Gross Profit  = $2.6
Question 2:

If the cost of a toy is 6.70 dollar and sold at 10.00 dollar. Find the gross profit?

Solution:

Given Revenue = $6.70
Selling price = $10
Gross Profit  = 10 – 6.70
Gross Profit  = 7.90 – 5.30
Gross Profit  = $3.3
Related Formulas
Equilateral Triangle FormulaFunction Notation Formula
Hyperbolic Function FormulaGraphs of Trigonometric Functions Formula
Interest FormulaHeight of a Parallelogram Formula
Isosceles Trapezoid FormulaLoan Balance Formula