I need help with financial formulas.
SP = Sell Price
C = Cost
GP = Gross Profit
GPP = Gross Profit Percentage
Assuming....
SP = C / (1-GPP)
C = $1.08
GPP = 200%
SP = -$1.08 <-- can't be right
What am I doing wrong?
thanks
GPP can't be > 100%.
If the entire sell price is profit (e.g., C = 0), then the GPP = 100%.
If by "GPP=200%" you mean that you want the percentage that makes
GP = 2 * C
true, then GPP = 2/3 or 66.66...%
> I need help with financial formulas.
>
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>
> thanks