Enter the wine profit ($) and the wine revenue ($) into the Wine Profit Margin Calculator. The calculator will evaluate and display the Wine Profit Margin.
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Wine Profit Margin Formula
The following formula is used to calculate the Wine Profit Margin.
WPM = WP / WR * 100
- Where WPM is the Wine Profit Margin (%)
- WP is the wine profit ($)
- WR is the wine revenue ($)
How to Calculate Wine Profit Margin?
The following example problems outline how to calculate Wine Profit Margin.
Example Problem #1:
- First, determine the wine profit ($).
- The wine profit ($) is given as: 300.
- Next, determine the wine revenue ($).
- The wine revenue ($) is provided as: 700.
- Finally, calculate the Wine Profit Margin using the equation above:
WPM = WP / WR * 100
The values given above are inserted into the equation below and the solution is calculated:
WPM = 300 / 700 * 100 = 42.85 (%)
Example Problem #2:
For this problem, the variables required are provided below:
wine profit ($) = 100
wine revenue ($) = 300
Test your knowledge using the equation and check your answer with the calculator above.
WPM = WP / WR * 100 = ?
