Practice Activities

Lesson 3: It All Adds Up

Before You Begin: Start Microsoft Excel 2013. When the Welcome screen appears, open a new, blank spreadsheet.

 

Try This: Do the following steps

1. Enter the following data into your spreadsheet.

  A B C D E
1

Item

Cost

Mark Up

Retail

Profit

2

Mugs

2.00

150%

 

 

3

T-Shirts

5.00

150%

 

 

4

Balloons

0.50

150%

 

 

5

Hats

3.50

150%

 

 

6

Sweatshirts

8.00

150%

 

 

7

Tote Bags

10.00

150%

 

 

 

2. Enter the following formula in Cell D2 =B2*C2

3. Copy and paste the formula into the rest of Column D

4. Enter the following formula inCell E2 =D2-B2

5. Copy and paste the formula into the rest of Column E

6. Use the AutoSum tool to find the Sum of the Profit Column

7. Select the area of the spreadsheet with Data and apply Cell Style Neutral

8. Insert a blank row between T-Shirts and Balloons.  Add the following information: Children’s Shirts, cost $3.00, mark up 150%

9. Copy and Paste the retail and profit formulas in the row for Children’s Shirts

11. Format the data labels in Row A to be Bold and 14 point font

12. Format the Column for Mark Up to be Percentage.

13. Correct the numbers in the Mark Up column to read 150% (not 15000%)

14. Format the Cost, Retail and Profit columns to be Accounting.

15. Change the mark up on T-Shirts, Sweatshirts, and Children’s T-Shirts to be 125%

Save your work as Excel Practice Activity 1