Gross Profit (GP) Calculator

Gross profit is the sales revenues excluding only the cost of goods sold. Whereas Net Profit means all revenues excluding the cost of goods sold, selling, general and administrative expenses and the non-operating expenses. A simple online gross profit calculator to do the gross profit calculation accounting. In this online GP calculator enter the revenue, cost of goods sold and submit to know the gross profit of the sales. You can select the desired currency from the drop-down menu.

Gross Profit Calculation Accounting

Gross profit is the sales revenues excluding only the cost of goods sold. Whereas Net Profit means all revenues excluding the cost of goods sold, selling, general and administrative expenses and the non-operating expenses. A simple online gross profit calculator to do the gross profit calculation accounting. In this online GP calculator enter the revenue, cost of goods sold and submit to know the gross profit of the sales. You can select the desired currency from the drop-down menu.

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Formula:

Gross Profit = Revenue - Cost of Goods Sold

Example:

Calculate the gross profit of the cotton manufacturing company which has made the revenue of Rs. 2000000 in which its cost of goods sold be Rs.1500000.

Solution:

Gross Profit = 2000000 - 1500000
= 500000


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