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The difference is your overall profit, in this example the formula result would be $17. Input a formula in the final column to calculate the profit margin on the sale.
Understand the basics of the gross profit margin including its interpretation as a measure of profitability and its calculation using Microsoft Excel.
How to Plot a Formula in Excel. Unless you are an accountant or a math whiz, the formulas used in financial calculations may seem like random, nonsensical strings of numbers, letters and Greek ...