Gross Margin Percentage Formula
Equation for calculate gross margin percentage is,
Gross Margin Percentage = ((a - b)/ a) × 100
Where,a = Sales, Net of Returns
b = Cost of Goods Sold
a = Sales, Net of Returns
b = Cost of Goods Sold
Equation for calculate gross margin percentage is,
Gross Margin Percentage = ((a - b)/ a) × 100
Where,