I have an economics test tomorrow and i have to know how to “compute 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 £1000 sales, Costs £600=net profit £400.
£400/£1000/100=40% net profit.
Profit Percentage Calculator
How To Calculate Profit Percentage
as above but you x by 100 not /