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 ($)
- WR is the wine revenue ($)
To calculate the wine profit margin, divide the wine profit by the wine revenue, then multiply by 100.
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 = ?
