What is the gross profit % of 237,080.89 cost and 321,729.40 sell price?

Question

Please explain

Answer 1

It is roughly 35.7% of gross profit. Divide 321,729.40 by 237,080.89, that will give you 1.357. The decimal points means the percentage: 35.7%. If you add 35.7 % to 237,080.89, it will give you an amount close to 321,729.40 (you would have to add all the decimals after 35.7 to get the exact amount)

Answer 2

You always divide your selling price by your cost price to get the gross profit. (ex. dividing $100 cost by $110 sell price would equal 1,1 or 10%)

Your answer would be 321,729,40 divided by 237,080,89 = 1,3570, rounded up would be 36% gross profit.

Answer 3

Can't explain it better than Heathy Surprise..

Divide your sell price by your cost and multiply the decimal after the one by 100 and that is your percentage profit.

Answer 4

can u give more info on this?
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I cant guarantee, but i'll try to solve it.
Good luck~


By the way~ give me Net sales and COGS!