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Note that your final mark will not be saved in the system.
Note that your final mark will not be saved in the system.
Profit and loss Typeit
Target Level
C
Running Total
0
0%
Attempt
1 of 3
Type the correct answers into the spaces. Fill all the spaces before clicking ‘Check Answers!’
PROFIT CALCULATIONS:
Gross Profit (GP) formula: (R) minus Cost of Sales (COS): GP = R – COS
Operating Profit (OP) formula: Gross Profit (GP) minus other operating (E): OP = GP – E
Net Profit (NP) formula: Profit (OP) minus Interest (I): NP = OP – I
PROFIT MARGIN CALCULATIONS:
Gross Profit Margin (GPM) formula: Profit (GP) divided by Revenue (R) multiplied by one hundred: GPM = GP / R × 100
Operating Profit Margin (OPM) formula: Operating Profit (OP) divided by Revenue (R) by one hundred: OPM = OP / R × 100
Net Profit Margin (NPM) formula: Profit (NP) divided by Revenue (R) multiplied by one : NPM = NP / R × 100