To calculate the Gross Profit Rate:
\[ GPR = \left( \frac{GP}{S} \right) \times 100 \]
Where:
Let's assume the following values:
Using the formula:
\[ GPR = \left( \frac{5000}{20000} \right) \times 100 = 25\% \]
The Gross Profit Rate is 25%.
Let's assume the following values:
Using the formula:
\[ GPR = \left( \frac{15000}{50000} \right) \times 100 = 30\% \]
The Gross Profit Rate is 30%.
