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Formula for Total Profit

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    Formula for Total Profit

    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]
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    Last edited by imrankhan1800; 11-03-2016 at 01:26 AM.

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    Re: Formula for Total Profit

    Sorry for off-topic interjection:

    Although there is no official rule regarding this behavior, we request that wherever possible both the question AND the answer be provided in substantive detail here within the thread. An attached workbook is an excellent aid for posing a question and offering a solution, but solely doing that with no in thread explanation makes it difficult for researchers to understand or consider the Q & A of this thread without downloading what may be a pointless doc to them, if they can do that at all. Doing that also hides the content from search engines so others may never benefit from this.

    I'm sure you understand, and we look forward to seeing you post your formulas/macros in your posts for the searching benefit of all.

    Thanks again for all your hard work here!
    Ben Van Johnson

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    Re: Formula for Total Profit

    Welcome to Excel Forum.
    Paste the following formula into BL8:
    Formula: copy to clipboard
    Please Login or Register  to view this content.
    Let us know if you have any questions.
    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.

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    Re: Formula for Total Profit

    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]

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    Re: Formula for Total Profit

    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.

    Expect cross-posted questions without a link to be closed and a message will be posted by the moderator explaining why. We are here to help so help us to help you!

    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
    1. Use code tags for VBA. [code] Your Code [/code] (or use the # button)
    2. If your question is resolved, mark it SOLVED using the thread tools
    3. Click on the star if you think someone helped you

    Regards
    Ford

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