The profit formula is stated as a percentage where all expenses are first subtracted from sales and the result is divided by sales. Gain SP - CP II. On finding profit or loss percent we use the following formula- Profit P Profit CP x 100 Loss L Loss CPx 100 Where P Profit percent.
What Does Gross Profit Percentage Tell Me.
Loss CP - SP III. The profit Percentage formula is calculated as follows. Add up your COGS. Profit percentage is similar to markup percentage when you calculate gross margin.