# Simple % problem

Discussion in 'Other Advanced Math' started by Garth Vader, May 10, 2022.

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This will seem super easy to people with good maths brains but I am failing to make sense of it.

I am simply trying to figure out sales profit shown as percentage.
An example from the image attached:
Manganese Alloy costs $35200 to produce and sells for$269100, resulting in a profit of $233900 I have tried 2 formulas to try determine what percent the profit is: || 233900 / 269100 x 100 = 86.9 but does 86.9 represent the profit? || 269100 / 35200 x 100 = 764.5 My great confusion comes in when I try, as a hypothetical test, to sell for the same cost as production ($35200 sold for $35200). This is obviously a profit of zero but comes out as 100%, I know 35200 is 100% of 35200 but Im trying to derive the sales profit and not the value of one figure against another. As you can see Im getting myself twisted in a knot. Thank you for your help. #### Attached Files: • ###### Capture.PNG File size: 54.8 KB Views: 5 Garth Vader, May 10, 2022 1. ### Advertisements 2. ### MathLover1 Joined: Jun 27, 2021 Messages: 2,989 Likes Received: 2,883 the formula to find the profit percentage is: Profit Percentage = Net Profit / Cost Net profit = Total Revenue - Total Expenses Revenue = Selling Price Manganese Alloy costs$35200 to produce and sells for $269100, resulting in a profit of$233900
Cost=$35200 Total Revenue=$269100
Net profit =$269100-$35200=$233900 Net Profit Margin =233900 / 269100 x 100 = 86.9% Profit Percentage =(233900/35200)=664.49% Answer: Net Profit Margin: 86.92% Net Profit:$233,900.00
Profit Percentage: 664.49%

MathLover1, May 10, 2022
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3. ### nycmathguy

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Wow! What math course is this? Is this really considered advanced mathematics? I had no idea that you also know business math.

nycmathguy, May 11, 2022
4. ### MathLover1

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financial math, might be accounting or economics

MathLover1, May 11, 2022
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5. ### nycmathguy

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This is not your specialty. Nonetheless, you were able to find a solution. This is fascinating to me. You dit not major in finance math or economics..

nycmathguy, May 11, 2022

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My apologies guys, it should have been under Basic Math, I don't know how I over looked that.
Thank you for your help, I really appreciate it.

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7. ### nycmathguy

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No problem.

nycmathguy, May 11, 2022

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