% Gross Profit

  • Thread starter Thread starter Cindy Conover
  • Start date Start date
C

Cindy Conover

I am at a loss. Can someone please help me with the following formula?

Total Sales $2347.90
Cost $604.07

Total Profit 74.27 %

TIA

Cindy
 
No -

She's looking for Gross Profit Margin (see the subject line)

289% is the Net Profit Margin.
 
I am at a loss. Can someone please help me with the following formula?

Total Sales    $2347.90
Cost                $604.07

Total Profit    74.27 %

TIA

Cindy
Click to expand...

74.27% is the gross profit margin, i.e., for every dollar of sales
there is 74.3 cents of gross profit. Gross profit is sales minus
"cost of goods sold."

If $2347.90 is in A1 and $604.07 is in A2,

the formula is: =((A1-A2)/A1)*100
 
Thanks for all your help

OLY said:
74.27% is the gross profit margin, i.e., for every dollar of sales
there is 74.3 cents of gross profit. Gross profit is sales minus
"cost of goods sold."

If $2347.90 is in A1 and $604.07 is in A2,

the formula is: =((A1-A2)/A1)*100
Click to expand...
 
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