How do I calculate the gross as a percentage if I have the GP in dollars and the net sales in dollars?

Md Ariful Islam

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Dr. Md Rushad Rahman

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Net Sales is Gross Sales less returns, discounts, and allowances for damaged or missing goods. Calculate Gross Sales by adding back those amounts if known to Net Sales, then divide your Gross Profit by Gross Sales. This will provide the answers in decimals that can be converted into a percentage.

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