Q » Explain gross profit margin.
06 Dec, 2025
A » Gross profit margin is a financial metric that measures the percentage of revenue exceeding the cost of goods sold (COGS). It reflects a company's efficiency in producing goods or services at a profitable rate and is calculated by dividing gross profit by total revenue. A higher gross profit margin indicates effective cost control and pricing strategies, ultimately contributing to better financial health and competitive advantage in the market.
06 Dec, 2025
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