In a bustling Indian city, there was a young entrepreneur named Ravi who owned a small electronics store. He was determined to expand his business and increase his profit margin.
Ravi decided to use a simple formula to calculate his percentage profit, which he learned from an online article by Google. He wanted to ensure that his calculations were accurate so that he could make informed decisions about his inventory and pricing.
Every evening, Ravi would sit down and calculate his percentage profit for the day. He would take his total sales and subtract his total costs to find his profit. Then, he would divide the profit by the total sales and multiply by 100 to get his percentage profit.
One day, while calculating his percentage profit, Ravi realized that his margins were not as high as he thought. He decided to research online and found a Google article that provided tips on how to increase his profit margin.
Following the advice in the article, Ravi adjusted his pricing strategy and started to offer special discounts to loyal customers. Within a few weeks, his percentage profit had increased significantly, and his business was thriving.
Ravi\“s success story quickly spread across the city, and he became an inspiration to other entrepreneurs. They too started to calculate their percentage profit and use the insights from Google articles to improve their businesses. |