financial formulas

S

shank

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
 
J

JE McGimpsey

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...%
 

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