What is my profit on a $1000 revenue with 5% margin?
The profit would be $50. To find this result, invert the formula we use to calculate the revenue knowing the profit:
revenue = 100 × profit/margin
In this equation, the margin is expressed as a percentage.
Find the profit with the following formula:
profit = revenue × margin/100 = $1000 × 5/100 = $50 Read more