Calculating Profits

D

Derek

I need to know how to calculate profits.

If I but an item for "X" price and sell it for "Y" price my profit would be "Z" in money but what is the profit expressed as a percentage of "X"
 
D

Domenic

Hi Derek,

Assuming,

A1=$100 (Sale Price)
A2=$80 (Cost)
A3=$20 (Gross Profit)

Gross Profit as a Percentage of Cost,

=A3/A2

and format as percentage

Hope this helps!
 
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