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The interest accumulated on the amount of money held in a savings account. A gross rate is known to not consider tax so comparison is suggested.

Q: What is gross rate?

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Gross Heat Rate: Gross electricity (Power) produced by a power plant per unit fuel energy consumption. This excludes all internal power consumptions. Net Heat rate is net power production at transformer per unit fuel energy consumption by power plant.

Higher gross profit indicates high profit margins which is good!

Calculate Gross Pay for hourly employees by multiplying the pay rate times the number of hours worked in the pay period, and including payment of overtime at 1.5 times the pay rate.

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The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml

net

A unit rate is the rate or price for one of something that is normally available in dozens, hundreds, gross lots, thousands, crates, truckloads, etc.