Are You Making Any Money?
Profit is what
you make after you pay for the costs. In our example, the equation is:
=D2-B2.
3. Try This: Calculate the Profit
Select Cell E1 and
type the label: Profit.
Select Cell E2 and enter
the equation:
=D2-B2
Copy and paste
that equation into Cells E3 through E5.
4. Add This, Too: Sum up the Profit
Select Cell E6.
Go to AutoSum.
What Do You
See? For each
fruit basket that you sell, there is a profit of $4.25.