Excel

Excel Skills
Skills || Gross
Gross Profit
Profit &
& Sales
Sales Mark-up
Mark-up Calculations
Calculations

About
About this
this template
template
This
This template
template enables
enables users
users to
to calculate
calculate the
the gross
gross profit
profit percentage
percentage of
of any
any single
single product
product based
based on
on aa specified
specified sales
sales
calculate
calculate the
the sales
sales mark-up
mark-up percentage
percentage of
of any
any single
single product
product based
based on
on aa specified
specified gross
gross profit
profit percentage.
percentage. The
The template
template
sheets
sheets which
which can
can be
be used
used to
to calculate
calculate the
the gross
gross profit
profit && sales
sales mark-up
mark-up percentages
percentages of
of multiple
multiple products.
products.
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sample of
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the gross
gross profit
profit && sales
sales mark-up
mark-up template.
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duct based
oduct
based on
on aa specified
specified sales
sales mark-up
mark-up percentage
percentage and
and to
to
ss profit
profit percentage.
percentage. The
The template
template also
also includes
includes two
two additional
additional
multiple
multiple products.
products.

solutions
solutions than
than regular
regular Excel
Excel templates.
templates. Most
Most Excel
Excel templates
templates
ss based
on
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user
input.
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also
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need
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and include
include comprehensive
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step by
by step
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ve
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Excel Skills | Gross Profit & Sales Mark-up Calculations

Instructions
www.excel-skills.com
This template enables users to calculate the gross profit percentage of any single product based on a specified sales markup percentage and to calculate the sales mark-up percentage of any single product based on a specified gross profit
percentage. The template also includes two additional sheets which can be used to calculate the gross profit & sales markup percentages of multiple products.
The following sheets are included in this template:
Calculator -enter a sales tax percentage, sales amount, gross profit percentage and a sales mark-up percentage. The sales
mark-up calculator is based on the gross profit percentage that is specified and the gross profit calculator is based on the
sales mark-up percentage that is specified.
GP - this sheet enables users to calculate the gross profit percentages of multiple products by specifying the product cost
and sales mark-up percentage of each product.
Mark-up - this sheet enables users to calculate the sales mark-up percentages of multiple products by specifying the selling
price and gross profit percentage of each product.

Calculators
The Calculators sheet contains two calculators - a sales mark-up calculator in columns B to F which is based on the sales tax
percentage, sales amount and gross profit percentage that is specified at the top of the sheet and a gross profit percentage
calculator in cells H to L which is based on the sales tax percentage, sales amount and sales mark-up percentage that is
specified in the input cells at the top of the sheet.
Note: In our sample data, the sales mark-up and gross profit percentages are the same in both calculators but this
will not always be the case because the two calculators function independently from each other.
These two calculators enable users to calculate any gross profit percentage based on any specified sales mark-up
percentage and vice versa. These calculations are extremely useful if you want to determine what the sales mark-up
percentage needs to be in order to realise a specific gross profit percentage or to determine what the gross profit percentage
of a specified sales mark-up percentage will be.
Note: Only the cells with a yellow cell background require user input - the other cells on this sheet are automatically
calculated based on the input in the user input cells.

Gross Profit Calculations

The calculations on the GP sheet can be used to determine the gross profit percentages of multiple products. Simply enter a
product code in column A, a product description in column B, a product cost in column C, a sales mark-up percentage in
column D and the calculations in column E to K are automatically updated. The gross profit percentages are reflected in
column J.
Note: Gross profit is defined as the difference between the sales and cost of sales (product cost) amounts and the gross
profit percentage is defined as the gross profit amount divided by the sales amount (exclusive of any sales tax that may be
applicable).
Note: The GP sheet only includes 10 products by default but you can add as many additional products as required by simply
entering or copying the user input values into column A to D and copying the formulas in columns E to K into all the additional
rows.

Sales Mark-up Calculations

The calculations on the Mark-up sheet can be used to determine the sales mark-up percentages of multiple products. Simply
enter a product code in column A, a product description in column B, a selling price (exclusive of sales tax) in column C,
gross profit percentage in column D and the calculations in column E to K are automatically updated. The sales mark-up
percentages are reflected in column K.
Page 3 of 11

Excel Skills | Gross Profit & Sales Mark-up Calculations

Instructions
www.excel-skills.com

Page 4 of 11

Excel Skills | Gross Profit & Sales Mark-up Calculations

Instructions
www.excel-skills.com
Note: Sales mark-up is defined as the difference between the selling price and product cost in percentage terms and is
calculated by dividing the difference between the selling price and product cost (gross profit) by the product cost. Note that
this calculation differs from the gross profit percentage calculation in that the gross profit amount is divided by the product
cost (cost of sales) instead of the selling price.
Note: The Mark-up sheet only includes 10 products by default but you can add as many additional products as required by
simply entering or copying the user input values into column A to D and copying the formulas in columns E to K into all the
additional rows.

Help & Customization

If you experience any difficulty while using this template and you are not able to find the appropriate guidance in these
instructions, please e-mail us at support@excel-skills.com for assistance. This template has been designed with flexibility in
mind to ensure that it can be used in most business environments. If however you need an Excel based template that is
customized specifically for your business requirements, please e-mail our Support function and provide a brief explanation of
your requirements.

Copyright

This template remains the intellectual property of www.excel-skills.com and is protected by international copyright laws. Any
publication or distribution of this template outside the scope of the permitted use of the template is expressly prohibited. In
terms of the permitted use of this template, only the distribution of the template to persons within the same organisation as
the registered user or persons outside the organisation who can reasonably be expected to require access to the template as
a direct result of the use of the template by the registered user is allowed. Subsequent distribution of the template by parties
outside of the organisation is however expressly prohibited and represents an infringement of international copyright laws.

Page 5 of 11

On
Onthis
thissheet:
sheet:

This
This sheet
sheet includes
includes detailed
detailed instructions
instructions
on
setting
up
and
using
on setting up and using this
this template.
template.

This is the only

protected sheet in the
full version of the
template!

Page 6 of 11

On
Onthis
thissheet:
sheet:

This
This sheet
sheet includes
includes detailed
detailed instructions
instructions
on
setting
up
and
using
on setting up and using this
this template.
template.

Page 7 of 11

On
Onthis
thissheet:
sheet:

This
This sheet
sheet includes
includes detailed
detailed instructions
instructions
on
setting
up
and
using
on setting up and using this
this template.
template.

Page 8 of 11

Gross Profit & Sales Mark-up Calculators

www.excel-skills.com
Sales Tax %
Sales Amount (excl. tax)

14.0%
10,000.00

Gross Profit %

20.0%

Sales Mark-up %

25.0%
On
On this
this sheet:
sheet:

Sales Mark-up Calculator

Gross Profit % Calculator

Sales markup at gross profit of 20.0%

Gross profit % at sales markup of 25.0%

Sales
Sales Tax
Sales (excl. tax)

11,400.00
1,400.00
10,000.00

Sales
Sales Tax
Sales (excl. tax)

11,400.00
1,400.00
10,000.00

Cost of Sales

8,000.00

Cost of Sales

8,000.00

Gross Profit

2,000.00

Gross Profit

2,000.00

Gross Profit %

Sales Mark-up %

20.0%

Gross Profit %

20.0%

25.0%

Sales Mark-up %

25.0%

Page 9 of 11

Enter
Enter aa sales
sales tax
tax percentage,
percentage, sales
sales amount,
amount, gross
gross profit
profit %
% and
and aa sales
sales mark-up
mark-up
percentage
percentage in
in order
order to
to calculate
calculate the
the appropriate
appropriate sales
sales mark-up
mark-up and
and gross
gross profit
profit
percentages.
percentages. The
The sales
sales mark-up
mark-up calculator
calculator is
is based
based on
on the
the gross
gross profit
profit
percentage
percentage in
in cell
cell K3
K3 and
and the
the gross
gross profit
profit calculator
calculator is
is based
based on
on the
the sales
sales markmarkup
up percentage
percentage in
in cell
cell K5.
K5. These
These two
two calculators
calculators therefore
therefore enable
enable users
users to
to
calculate
a
gross
profit
percentage
from
any
sales
mark-up
percentage
and
calculate a gross profit percentage from any sales mark-up percentage and vice
vice
versa.
versa.

Gross Profit Calculations

www.excel-skills.com
Product
Code

Product Description

PROD1

Product 1

800.00

25.0%

1,000.00

140.00

1,140.00

800.00

200.00

20.0%

25.0%

PROD2

Product 2

750.00

25.0%

937.50

131.25

1,068.75

750.00

187.50

20.0%

25.0%

PROD3

Product 3

1,500.00

25.0%

1,875.00

262.50

2,137.50

1,500.00

375.00

20.0%

25.0%

PROD4

Product 4

500.00

25.0%

625.00

87.50

712.50

500.00

125.00

20.0%

25.0%

PROD5

Product 5

1,000.00

100.0%

2,000.00

280.00

2,280.00

1,000.00

1,000.00

50.0%

100.0%

PROD6

Product 6

850.00

50.0%

1,275.00

178.50

1,453.50

850.00

425.00

33.3%

50.0%

PROD7

Product 7

600.00

50.0%

900.00

126.00

1,026.00

600.00

300.00

33.3%

50.0%

PROD8

Product 8

1,450.00

50.0%

2,175.00

304.50

2,479.50

1,450.00

725.00

33.3%

50.0%

PROD9

Product 9

930.00

20.0%

1,116.00

156.24

1,272.24

930.00

186.00

16.7%

20.0%

PROD10

Product 10

1,800.00

20.0%

2,160.00

302.40

2,462.40

1,800.00

360.00

16.7%

20.0%

Product Cost

Mark-up %

Selling Price
(excl. tax)

Sales Tax

On
On this
this sheet:
sheet:

Selling Price
(incl. tax)

Product Cost

Enter
Enter aa product
product code,
code, product
product description,
description, product
product cost
cost and
and sales
sales mark-up
mark-up percentage
percentage in
in order
order to
to calculate
calculate
the
the gross
gross profit
profit percentage
percentage of
of each
each product.
product. Only
Only the
the columns
columns with
with yellow
yellow column
column headings
headings require
require user
user
input.
input. The
The columns
columns with
with light
light blue
blue column
column headings
headings contain
contain formulas
formulas that
that are
are automatically
automatically updated
updated based
based
on
on the
the values
values that
that are
are specified
specified in
in the
the user
user input
input columns.
columns. The
The sheet
sheet contains
contains 10
10 products
products but
but you
you can
can add
add
an
an unlimited
unlimited number
number of
of additional
additional products
products by
by simply
simply entering
entering the
the appropriate
appropriate values
values in
in columns
columns A
Ato
to D
D and
and
copying
copying the
the formulas
formulas in
in the
the columns
columns with
with light
light blue
blue column
column headings
headings from
from one
one of
of the
the existing
existing rows.
rows.

Page 10 of 11

Gross Profit

Gross Profit %

Mark-up %

Sales Mark-up Calculations

www.excel-skills.com
Product
Code

Product Description

Selling Price
(excl. tax)

PROD1

Product 1

1,000.00

20.0%

1,000.00

140.00

1,140.00

800.00

200.00

20.0%

25.0%

PROD2

Product 2

937.50

20.0%

937.50

131.25

1,068.75

750.00

187.50

20.0%

25.0%

PROD3

Product 3

1,875.00

20.0%

1,875.00

262.50

2,137.50

1,500.00

375.00

20.0%

25.0%

PROD4

Product 4

625.00

20.0%

625.00

87.50

712.50

500.00

125.00

20.0%

25.0%

PROD5

Product 5

2,000.00

50.0%

2,000.00

280.00

2,280.00

1,000.00

1,000.00

50.0%

100.0%

PROD6

Product 6

1,275.00

33.3%

1,275.00

178.50

1,453.50

850.04

424.96

33.3%

50.0%

PROD7

Product 7

900.00

33.3%

900.00

126.00

1,026.00

600.03

299.97

33.3%

50.0%

PROD8

Product 8

2,175.00

33.3%

2,175.00

304.50

2,479.50

1,450.07

724.93

33.3%

50.0%

PROD9

Product 9

1,116.00

16.7%

1,116.00

156.24

1,272.24

929.96

186.04

16.7%

20.0%

PROD10

Product 10

2,160.00

16.7%

2,160.00

302.40

2,462.40

1,799.93

360.07

16.7%

20.0%

Gross Profit %

Selling Price
(excl. tax)

Sales Tax

On
On this
this sheet:
sheet:

Selling Price
(incl. tax)

Product Cost

Enter
Enter aa product
product code,
code, product
product description,
description, selling
selling price
price and
and gross
gross profit
profit percentage
percentage in
in order
order to
to calculate
calculate the
the
sales
sales mark-up
mark-up percentage
percentage of
of each
each product.
product. Only
Only the
the columns
columns with
with yellow
yellow column
column headings
headings require
require user
user
input.
input. The
The columns
columns with
with light
light blue
blue column
column headings
headings contain
contain formulas
formulas that
that are
are automatically
automatically updated
updated based
based
on
on the
the values
values that
that are
are specified
specified in
in the
the user
user input
input columns.
columns. The
The sheet
sheet contains
contains 10
10 products
products but
but you
you can
can add
add
an
an unlimited
unlimited number
number of
of additional
additional products
products by
by simply
simply entering
entering the
the appropriate
appropriate values
values in
in columns
columns A
Ato
to D
D
and
and copying
copying the
the formulas
formulas in
in the
the columns
columns with
with light
light blue
blue column
column headings
headings from
from one
one of
of the
the existing
existing rows.
rows.

Page 11 of 11

Gross Profit

Gross Profit %

Mark-up %