Give the concept of the following Selling price minus cost of sales?

The concept of "selling price minus cost of sales" refers to the calculation of a company's profit margin. It involves subtracting the total cost of producing or acquiring the goods or services sold (cost of sales) from the revenue generated from selling those goods or services (selling price). The resulting figure represents the profit made by the company on each unit sold, after accounting for the direct costs associated with producing or acquiring the product. This calculation is important for businesses to assess their profitability and make informed decisions about pricing, production, and overall financial performance.