J John Arithmetic New member Joined Nov 13, 2020 Messages 1 Nov 13, 2020 #1 I have a question. how do I calculate "15% of First 25% of Profit Over Budget"? Let's say Budget is $25,000 and profit is $27,000. Thanks in advance
I have a question. how do I calculate "15% of First 25% of Profit Over Budget"? Let's say Budget is $25,000 and profit is $27,000. Thanks in advance
skeeter Elite Member Joined Dec 15, 2005 Messages 3,204 Nov 14, 2020 #2 my interpretation given the fact I’m not a business/financial type ... amount of profit over budget is $2000 25% of $2000 is $500 (don’t know if the descriptor “first” 25% makes any difference) finally, take 15% of $500
my interpretation given the fact I’m not a business/financial type ... amount of profit over budget is $2000 25% of $2000 is $500 (don’t know if the descriptor “first” 25% makes any difference) finally, take 15% of $500