Profit Margin Calculator
Revenue: ₹0
Profit: ₹0
Profit Margin Calculator is a useful online tool with the help of which you can easily understand the cost, profit and selling price in your business. If you are a businessman or run a small business, then this calculator can prove to be very beneficial for you. Here you will find all the important information related to this calculator which will help you understand how this calculator works.
What is Profit Margin Calculator?
Profit Margin Calculator is such an online and simple tool with the help of which cost, profit and selling price in business can be easily understood, that is, in simple language, based on cost and margin in business, this tool can tell that:
- How much will be your revenue
- How much will be your profit
This tool is beneficial for those people who run small or big businesses, this calculator saves time and eliminates the possibility of error in calculation.
How to use Profit Margin Calculator?
Using the Profit Margin Calculator is very easy:
- First enter the cost.
- Then fill the profit margin %.
- Click on the Calculate button.
- After that, you will see Revenue and Profit.
If you feel that you have made a mistake in filling any information, you can empty all the boxes by clicking on ‘Clear All Changes’ button and fill the details again.
On which formula does the Profit Margin Calculator work?
This calculator works on the formula given below. You can also calculate revenue and profit using this formula. For this, you should know a little calculation.
Formula:
Revenue = Cost / (1 – (Margin / 100))
Profit = Revenue – Cost
For example: If the cost of a product is ₹1,000 and you want to keep a margin of 20% then:
Revenue = 1000 / (1 – 0.20) = ₹1,250
Profit = ₹1,250 – ₹1,000 = ₹250
Who can use the Profit Margin Calculator?
This calculator can be used by anyone in all these.
- Retailers and wholesale traders
- E-commerce sellers
- Startup businesses
- Utility service providers
- FMCG companies
- Small shopkeepers
What are the benefits of Profit Margin Calculator?
This Profit Margin Tool has many advantages, such as:
- Saves time in calculations
- Get accurate results without any mistakes
- Helpful in business planning
- Usable on both mobile and desktop
- 100% responsive and user friendly
Conclusion – Profit Margin Calculator
I hope you have got all the information about the profit margin calculator, and you must have also come to know how and who can use it. If you find this calculator useful, then you can share it so that it can help others.
