Gross profit can be determined the costs associated with making a sale and the total sale (revenue) itself. Many items will effect gross profit. On the revenue side, items such as the number of goods...
Gross profit: You want to sell a product at a retail level. You first find a supplier. The item you want to sell for example is a new type of water filter. You want to sell it as a mail order item...
gross profit is the the total amount you get after selling an item before you subtract the total expenses or costs uncured. net profit is the gross profit minus expenses.