I need this formula to calculate profit
Profit = [(Quantity of Sold item 1 * Sold Amount 1) + (Quantity of Sold item 2 * Sold Amount 2) + (Quantity of Sold item 3 * Sold Amount 3)] - [total quantity sold * Original Purchased Price]
I need this formula to calculate profit
Profit = [(Quantity of Sold item 1 * Sold Amount 1) + (Quantity of Sold item 2 * Sold Amount 2) + (Quantity of Sold item 3 * Sold Amount 3)] - [total quantity sold * Original Purchased Price]
Last edited by imrankhan1800; 11-03-2016 at 01:26 AM.
Sorry for off-topic interjection:
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Last edited by JeteMc; 11-03-2016 at 12:54 AM. Reason: Correcting formula
Consider taking the time to add to the reputation of everybody that has taken the time to respond to your query.
Thank you but that just adds all the Sold Prices. As purchased price of item is there so it should be like something as
Profit = [(Quantity of Sold item 1 * Sold Amount 1) + (Quantity of Sold item 2 * Sold Amount 2) + (Quantity of Sold item 3 * Sold Amount 3)] - [total quantity sold * Original Purchased Price]
Your post does not comply with Rule 8 of our Forum RULES. Do not crosspost your question on multiple forums without including links here to the other threads on other forums.
Cross-posting is when you post the same question in other forums on the web. The last thing you want to do is waste people's time working on an issue you have already resolved elsewhere. We prefer that you not cross-post at all, but if you do (and it's unlikely to go unnoticed), you MUST provide a link (copy the url from the address bar in your browser) to the cross-post.
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Read this to understand why we ask you to do this, and then please edit your first post to include links to any and all cross-posts in any other forums (not just this site).
PLUS, I have already given you an answer in that thread...
http://www.mrexcel.com/forum/excel-q...al-profit.html
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Ford
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