Excel project
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The document describes the steps to calculate total profit from sales of multiple cars. It involves subtracting the buying price from the selling price for each car, multiplying the profit by the number of cars sold, summing the total profits, calculating commission by multiplying total profit by 2%, and using an IF statement to check if total profit exceeded $500.
Excel project
- 2. I subtracted the buying To calculate the total profit To find the commission price from the selling I multiplied the profit by rate you have to multiply price= C4-B4 the amount of cars sold= the total profit by 2%= D4*E4 F4*$b$10 To find the total amount of To find weather you made units sold you add all the more than $500 you write an units sold together = SUM IF statement= (E4:E7) IF(G8>500,”target reached", "target missed”) To find the to the whole total profit you sum all of the total profits together = SUM(F4:F7)