Essential Elements Of a Contract-. The essential elements of a contract as defined under section 10 of the Indian Contract Act 1872 are-. 1  Agreement (Offer & Acceptance)  Legal purpose.
GRP stands for Gross Rating Point. A standard measure in advertising, it measures adverising impact. You calculate it as a percent of the target market reached multiplied by the exposure frequency.Thus, if you get advertise to 30% of the target market and give them 4 exposures, you would have 120 GRP.Now, just like most measures, you have to undestand the limitations of GRPs. standard measure in advertising, it measures adverising impact. You calculate it as a percent of the target market reached multiplied by the exposure frequency.
Calculate the mark up percentage on the product cost, the final revenue or selling price and, the value of the gross profit.Enter the original cost and your required gross margin to calculate revenue (selling price), mark up percentage and gross profit.This calculator is the same as our Price Calculator. The gross profit P is the difference between the cost to make a product C and the selling price or revenue R. 2  P = R-C. 3  To calculate revenue R based on the cost C and the desired gross margin G, where G is in decimal form: 4  R = C / (1 - G).