Which of the following is the correct formula for calculatin

Which of the following is the correct formula for calculating gross profit percentage?

A. Net profit / Net sales revenue

B. Gross profit / Net sales revenue

C. Net sales revenue / Net profit

D. Net sales revenue / Gross profit

Gross profit is always a percentage of Sales and is never a percentage of Net Profit

So, Gross profit percentage

= Gross Profit / Net Sales revenue

So, as per above discussion, option B is the correct option