Practice Activities

Lesson 3: It All Adds Up

Before You Begin: Start Microsoft Excel 2010. You should see a new, blank spreadsheet.

 

Try This: Do the following steps

1. Enter the following data into your spreadsheet.

Item

Cost

Mark Up

Retail

Profit

Mugs

2.00

150%

 

 

T-Shirts

5.00

150%

 

 

Balloons

0.50

150%

 

 

Hats

3.50

150%

 

 

Sweatshirts

8.00

150%

 

 

Tote Bags

10.00

150%

 

 

 

2. Enter the following formula into cell D2 =B2*C2

3. Copy and paste the formula into the rest of column D

4. Enter the formula following formula in cell E2 =D2-B2

5. Copy and paste the formula into the rest of column E

6. Use the AutoSum tool to find the sum of the Profit Column

7. Use the AutoSum: Average command in the Profit Column—remember to adjust the suggested range so it does NOT include E8

8. Use the AutoSum: Average command in the Cost column

9. Select the area of the spreadsheet with Data and apply Cell Style Neutral

10. Insert a blank row between T-Shirts and Balloons.  Add the following information: Children’s Shirts, cost $3.00, mark up 150%

11. Copy and paste the retail and profit formulas in the row for Children’s Shirts

12. Format the data labels in row A to be Bold and 14 point font

13. Format the column for Mark Up to be Percentage.

14. Correct the numbers in the Mark Up column to read 150% (not 15000%)

15. Format the Cost, Retail and Profit columns to be Accounting

16. Change the mark up on T-Shirts, Sweatshirts, and Children’s T-Shirts to be 125%

Save your work as Excel Practice Activity 1