Gross profit

When cost is deducted from the total revenue we get our Gross Profit. For example, the cost to make 100 pieces of pork dim sum is $20, (includes pork meat and other ingredients plus labor) sold all those 100 pieces for a total revenue of $40. Our gross profit from the sale is $20.


                                 REVENUE FROM DIM SUM  =  $40
                                                     MINUS
                                 COST TO MAKE DIM SUM   =  $20
                                 GROSS PROFIT                     =  $2















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