Gross profit forum

[mystified66]

I need a formula to work out gross profit. I am a jeweller selling rings.


A Ring Price. B VAT 20%. C Assay Fee (Always 17.50).
D. Gold Price. E Total Cost F Gross Profit


I think it should be B + C + D = E. F - E = GROSS PROFIT
(I THINK)

 

[Joe4]

Duplicate: https://www.mrexcel.com/forum/excel-questions/1064824-gross-profit-formula.html

Please do not post the same question multiple times. All clarifications, follow-ups, and bumps should be posted back to the original thread. Per forum rules, posts of a duplicate nature will be locked or deleted (rule 12 here: Forum Rules).

It looks like you already got a reply in your other thread too.