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.

Microsoft has been adding new features to Excel lately, and the latest one could change the way people work with formulas.

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.

The new feature is called formula completion and it’s powered by AI models to “proactively suggest and autocomplete formulas ...

Understand the basics of the gross profit margin including its interpretation as a measure of profitability and its calculation using Microsoft Excel.

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.