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#1
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how do i set up a profit margin formula
new to excel-- i would like to set up a formula to calculate the margin
percentage. ex -- cost divided by retail= markup, markup divided by 1. the markup 1.00/1.50 = .667 .667/1.667=40% gross margin |
#2
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how do i set up a profit margin formula
=(A1/B1)/(1+(A1/B1)) format as percent
wayne wrote: new to excel-- i would like to set up a formula to calculate the margin percentage. ex -- cost divided by retail= markup, markup divided by 1. the markup 1.00/1.50 = .667 .667/1.667=40% gross margin |
#3
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how do i set up a profit margin formula
Hi Wayne,
In your example the margin is 50% not 40% the formula to use is Cell A1 = Selling price Cell A2=Cost =1/(1+(A2/A1)) other way is to simple deduct the cost from the Selling price divided by 100 =(A1-A2)/100 "wayne" wrote: new to excel-- i would like to set up a formula to calculate the margin percentage. ex -- cost divided by retail= markup, markup divided by 1. the markup 1.00/1.50 = .667 .667/1.667=40% gross margin |
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