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English definition of “gross profit margin”

gross profit margin

noun [C or U]     ( abbreviation GPM) ACCOUNTING
a company’s profit from selling goods or services, before costs not directly related to producing them are taken away, often expressed as a percentage of money from sales: Gross profit margin can be calculated by dividing gross profit by total revenue.
(Definition of gross profit margin noun from the Cambridge Business English Dictionary © Cambridge University Press)
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