Click on pivot builder the entry Sum of Sales and select Value Field Settings. Using Markup we determine the Selling Price of a product based on the Cost Price. The formula for gross profit percentage can be derived by dividing the difference between the total sales and the cost of goods sold by the total sales and then multiply by 100 to express in terms of percentage.
In the Value Field Settings window on the Show Values As tab choose of Column Total.
It is easy to calculate. Steps to Determine Gross Profit Percentage Step 1. This is called the gross profit. Gross Profit Margin From our above discussion it is clear now the difference between the Markup and Gross Profit Margin.