# Unit 7 help

greide
New MemberRegistered Posts:

**12**
Hi,

I am about to take my Unit 7 Sim having missed it during the summer.

I am stuck on the calculations for Gross Profit % of sale and Net Profit % of sale.

I have used to calculations shown in the textbooks and on other webistes but the answers I get do not match those on the answer sheet!

Any help greatly appreciated!

Thanks

Gemma

I am about to take my Unit 7 Sim having missed it during the summer.

I am stuck on the calculations for Gross Profit % of sale and Net Profit % of sale.

I have used to calculations shown in the textbooks and on other webistes but the answers I get do not match those on the answer sheet!

Any help greatly appreciated!

Thanks

Gemma

0

## Comments

510I do not know which silulation you are looking at so I couldn't tell you where you might be going wrong.

I hope I am not "teaching granny to suck eggs", but are there any returns inwards that you need to deduct from the sales figure before you do the calculation?

Just a thought....

If not, let me have the information you are working from and the answers you are getting and I will see if I can work out what's going wrong....

Lorraine

124the % can be calculated as follows:

gross profit margin % = gross profit x 100/sales

net profit margin % = net profit x 100/sales

hope this helps

rob