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The difference is your overall profit, in this example the formula result would be $17. Input a formula in the final column to calculate the profit margin on the sale.
Percentages aren't always easy to calculate, but one of the best tools in Excel's toolbox is calculating percentages for you. Here's how to do it.
Calculate the gross profit percentage by using Excel's division operator. Continuing with the example above, if your gross profit is in cell C3, type the formula "=C3/B1" to calculate the percentage.
Microsoft has been adding new features to Excel lately, and the latest one could change the way people work with formulas.
Understand the basics of the gross profit margin including its interpretation as a measure of profitability and its calculation using Microsoft Excel.
Many of us fell in love with Excel as we delved into its deep and sophisticated formula features. Because there are multiple ways to get results, you can decide which method works best for you ...
Learn how to calculate all the particulars of a loan using Excel and how to set up a schedule of repayment for a mortgage or any other loan.
Excel table formulas driving you crazy? Learn the fix to lock column references, prevent errors, and simplify your spreadsheet calculations ...
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