I have an economics test tomorrow and i have to know how to "compute net profit percentage."
HELP ME!!!!How to calculate net profit percentage?
Net profit (before tax) is Sales (revenue) minus cost of sales (gross profit) minus administration costs (net profit). To get the percentage you take the net profit divided by the sales divided by 100.
For example 拢1000 sales, Costs 拢600=net profit 拢400.
拢400/拢1000/100=40% net profit.How to calculate net profit percentage?
NP/Sales
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