Definition of ‘Gross Margin Percentage’
Gross margin percentage is the difference between revenue and variable costs expressed as a percentage of revenue.
Gross margin percentage is sometimes referred to as gross profit percentage or gross margin rate.
Template Gross Margin Percentage Definition
The gross margin percentage definition for use in the financial projections template is the difference between the revenue and the cost of sales expressed as a percentage of revenue.
At a product level it represents the difference between the selling price of your product and its purchase cost or its manufacturing cost expressed as a percentage of the selling price.
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