FormuladrillProfit margin
An Excel formula exercise from Formuladrill. Solve it with a formula bar on a live sheet in your browser, and it is checked the moment you submit.
The task
The margin is the profit as a share of the price: (price minus cost) divided by price. Fill D2 and D3.
What this exercise teaches
Margin divides by price, markup divides by cost. They are often confused in interviews.
A hint if you get stuck
Brackets first: (B2-C2), then divide by B2.
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