Profit percentage is similar to markup percentage when you calculate gross margin. To find SP when CP and gain or loss are given. Loss CP - SP III.
Example Sales 100 Cost of sales 70 Gross profit 100-70 30 Profit percentage 30100100.
A vendor bought a tray of eggs at K sh. This formula divides the value in cell A1 by the value in cell B1. Profit percentage is similar to markup percentage when you calculate gross margin. Profit Markup Profit Cost Price 100 Profit Margin Profit Revenues 100.