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The suggested spreadsheet is a markup, not a profit margin calculator. If I have a cost of $100 dollars and I sell an item for $133.33. I have a profit of $33.33. This profit stated as a profit percentage of my selling price is a 25% Profit Margin.
I had a Palm app that would allow you to put in any two of the three elements (Cost, Profit Margin, Sell Price) and it would calculate the third. It is not as simple as you may think. I know Excell!
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