Calculating profit margin is a great way to understand your business's profitability. You can find it by dividing the net profit by the total revenue and then multiplying by 100 to get a percentage. For example, if your net profit is $50 and total revenue is $200, your profit margin is (50/200)*100 = 25%.

What inspired you to dive into profit margins today? Are you working on something specific that you'd like some insight on?