Gross profit margin is a measurement of how much gross profit a company generated from the amount of sales it earned.

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Gross profit margin is calculated by dividing gross profit by total revenue, and multiplying the result by 100 to get a percentage. It indicates the percentage of revenue that is left over after deducting the cost of goods sold, and is a key indicator of a company's profitability.

Gross Profit Margin Is a Measurement of How Much Gross