How this Profit Percentage Calculator Works?
Want to calculate the profit percentage of your sales? This calculator makes it easy.
To use the calculator, follow these simple steps:
- Enter the Cost Price: Input the cost price of the item.
- Enter the Selling Price: Input the selling price of the item.
- Calculate: Click the "Calculate Profit Percentage" button to see your profit percentage.
The formula for calculating profit percentage is straightforward:
Profit Percentage = [(Selling Price - Cost Price) / Cost Price] × 100
Once calculated, you'll see the profit percentage, giving you a clear picture of your sales profitability. With this calculator, understanding your profit margins has never been easier!