![]() To display this result as a percentage, apply Percentage number format. As the formula is copied down, we get profit margin for each item in the table. Note the result will be a decimal number like. Make sure you use parentheses to control the order of operations. After we convert this to an Excel formula with cell references, we have this formula in E5: =(C5-D5)/C5 In the table shown, we have price and cost, but profit is not broken out separately in another column, so we need to calculate profit by subtracting Cost from Price: x=(price-cost)/priceĪnd profit is calculated by subtracting Cost from Price. The general formula where "x" is profit margin is: x=profit/price Profit margin is the ratio of profit divided by revenue. Each item in the table has different price and cost, so the profit varies across items. In other words, given a price of $5.00 and a cost of $4.00, we want to return a profit margin of 20%. In this example, the goal is to calculate and display profit margin as a percentage for each of the items shown in the table.
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