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Gross Profit Percentage

  1. #1
    Registered User
    Join Date
    03-16-2012
    Location
    Santa Rosa Beach, FL
    MS-Off Ver
    Excel 2007
    Posts
    2

    Gross Profit Percentage

    I am trying to enter cost and sell price and the outcome be the gross profit percentage I am making.

    A1 = $100 (Cost)
    B1 = $150 (Sell)
    C1 = 33.33%

    the formula I am entering =sum(A1/B1)-1 is giving me a negative -33.33%

    how can I get this to display a postive 33.33%????

    thank you for your help!!!

  2. #2
    Forum Contributor
    Join Date
    01-28-2010
    Location
    Riverside, CA
    MS-Off Ver
    Excel 2010
    Posts
    132

    Re: Gross Profit Percentage

    =1-(a1/b1)
    Happy Excel'ing!

  3. #3
    Registered User
    Join Date
    03-16-2012
    Location
    Santa Rosa Beach, FL
    MS-Off Ver
    Excel 2007
    Posts
    2

    Re: Gross Profit Percentage

    haru, THATS IT! Thank you so much!!!

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