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Help: Profit margin
hi there,
I would like to know what's the easy method for working out profi margin especially for 17,000 products with variation price all the variation price is at the column C: but it would be nice to add variation profit margin for each price eg. lower price (1.00 to 1000) = higher profit margin higher price = (1001 to 60,000) lower profit margin thank for ur hel -- Message posted from http://www.ExcelForum.com |
Profit margin
I assume you have 'cost of product' in column B and your 'sell price' in
column C, starting in row 1 and ending in row 17000. Compute the profit margin in column D (column C - Column B) the value you wish to sum.. Then use the SUMIF command using the range in column C, a criteria of "<=1000" for lower price and "1000" for the higher price, summing column D The formula are =SUMIF(C1:C17000,"<=1000",D1:D17000) =SUMIF(C1:C17000,"1000",D1:D17000) Cheers Nigel "dance-evil " wrote in message ... hi there, I would like to know what's the easy method for working out profit margin especially for 17,000 products with variation price all the variation price is at the column C: but it would be nice to add variation profit margin for each price eg. lower price (1.00 to 1000) = higher profit margin higher price = (1001 to 60,000) lower profit margin thank for ur help --- Message posted from http://www.ExcelForum.com/ |
Help: Profit margin
Actually i'm not very experinece on Excel but i know how to use it i
very basic way, however that is what i'm trying to achieve: Column A - Supplier's Price Column B - RRP Column C - Supplier's price + profit Column D - profit margin From Column D - u may see something like this between price: 0.40 to 50.00 = add 20% between price: 51.00 to 100.00 = add 15% between price 101.00 to 200.00 add 10% note: the price may start from 0.40 to 60,000+ from Column D this should automatically work out & add all profi margin from Column A on to C. From time to time so i can tweak th profit margin if need to be so i dont have to worry about Column C.... i hope u can understand what i'm trying to do ;) -- Message posted from http://www.ExcelForum.com |
Help: Profit margin
The following formula put into Column C will do what you want. (I think ;-)
=IF(A1<=50,A1*1.2,IF(AND(A150,A1<=100),A1*1.15,A1 *1.1)) It tests if the price in column A for the following.... A1 <= 50 then Column C will be Column A +20% A1 50 and <=100 then Column C will be Column A + 15% A1 100 then Column C will be Column A + 10% Copy the formula into C1 and then copy it down for each row with prices You do not say what should happen if the price is over 200 so the above assumes +10%. Since you are fixing the margin based on a cost plus (%) the margin is fixed, but you can change the formula or put in some reference to another cell to allow adjustment. Column D is not required unless you wish to show the profit in value terms in which case put in cell D1 the following =C1-A1 and copy this down into each row with prices as well. Cheers Nigel "dance-evil " wrote in message ... Actually i'm not very experinece on Excel but i know how to use it in very basic way, however that is what i'm trying to achieve: Column A - Supplier's Price Column B - RRP Column C - Supplier's price + profit Column D - profit margin From Column D - u may see something like this between price: 0.40 to 50.00 = add 20% between price: 51.00 to 100.00 = add 15% between price 101.00 to 200.00 add 10% note: the price may start from 0.40 to 60,000+ from Column D this should automatically work out & add all profit margin from Column A on to C. From time to time so i can tweak the profit margin if need to be so i dont have to worry about Column C.... i hope u can understand what i'm trying to do ;) --- Message posted from http://www.ExcelForum.com/ |
Help: Profit margin
cheers that information but i would like to ask you another question:
A: = price range B: = profit margin C: = price list D: = output with price + profit Column A 1.00 5.00 10.00 15.00 20.00 Column B 0.5 0.4 0.3 0.2 0.1 Column C 0.59 2.56 9.40 14.44 19.00 Column D 0.88 Now how do i check if C (less then or equal to) match any of those in and use that specific margin on B? eg: 0.59 <= 1.00 0.59*0.5 = 0.8 -- Message posted from http://www.ExcelForum.com |
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