How the After Tax Profit Calculator Works
Want to know your net profit after tax? Our After Tax Profit Calculator is designed to help you calculate your net profit after accounting for taxes, providing a clear picture of your profitability.
- Selling Price per Unit: Enter the selling price of each unit of goods.
- Cost Price per Unit: Input the cost price of each unit.
- Number of Units Sold: Enter the total number of units sold.
- Tax Rate (%): Enter the tax rate percentage applied to your profit.
- Calculate: Click the "Calculate After Tax Profit" button to determine your net profit and profit percentage after tax.
Net Profit After Tax Formula:
The formula used to calculate the net profit after tax is:
Net Profit After Tax = ((Selling Price per Unit × Number of Units Sold) - (Cost Price per Unit × Number of Units Sold)) × (1 - Tax Rate)
The profit percentage after tax is calculated as:
Profit Percentage After Tax = (Net Profit After Tax / (Selling Price per Unit × Number of Units Sold)) × 100
For more information on calculating net profit after tax and related strategies, visit the Investopedia Net Profit Guide.