Exercise 27
Analysing of Database from the usage of Excel
A normal product Database normally contains :
- Product code
- Products name
- Stock quantity
- Price of unit
- Amount of stock sold
- Profit
How to create your own database.
Step 1: First off you will add product code , product name , sock quantity , price , sold stock ,profit. Each into one cell.
Step 2You need to add your information into each column, in this screenshot it also shows you how to calculate total cost from your sales price and stock that is sold. (sold*sales = total cost)
Step 3: you need to repeat this for total sale and profit
but instead for them you do this.For total sale its stock (solid * sales price) but for profit its (total sale - total cost)
For the final step you need to figure out overall profit you need to type =SUM and then drag your cursor over the profits and then press enter. After that you will get your total sum.
Then for the final step you will repeat the previous step but this time for total sale and total cost
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