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I'm trying to calculate the commission i've paid by looking at profit figure only but struggling badly.
If for example, I know that my profit on a market was 701.96 and that my commission rate is 4.5% how do I calculate the amount I paid in commission?
Thanks in advance
If for example, I know that my profit on a market was 701.96 and that my commission rate is 4.5% how do I calculate the amount I paid in commission?
Thanks in advance
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Replies: 16
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Go to 'My Account' then 'Account Statement'
Or, 701.96/100 *4.5 =31.59 commision |
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Thanks but have downloaded to spreadsheet so don't want to go into each record.
I paid 33.08 according to My Account, but I can't work out how to calculate from profit figure |
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you paid a little over 4.5%. it'll average at 4.5% but individual bets will go above and below this
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in your statement it should tell you the exact %.
should be about 4.72% or something? |
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just checked and account statement says: Comm Charged 4.5%
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copy and paste the line from your statement
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2010-06-09
20:10 11179916415 2010-06-09 10:55 GB Ham 9th Jun / 20:05 1m4f Hcap Comm Charged 4.5% On Net winnings of GBP735.04 - - - (33.08) |
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Net winnings of 735.04 not 701.96
So 735.04/100 *4.5 =33.08 |
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yes sorry for confusion, spreadsheet does not give net winnings figure so trying to derive commission paid from profit figure of 701.96 only
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I'm getting confused.
If your net winnings on a market were 735.04 and you're on 4.5% then you pay 33.08 commision which gives you a net profit of 701.96 Is that what you need to know?? |
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ha ha sorry
I have a figure on a spreadsheet showing my net profit for each market, in this case 701.96 What I need to know, without checking my account statement each time, is what commission I paid, knowing only that I was on 4.5% and my net profit/loss figure for each market. |
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(701.96 * 100)/95.5
That what you're meaning? The 95.5 is 100% - 4.5% |
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Then take that answer away from the original to find the commision you paid.
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Sorry other way around, take the original away from the answer
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cheers rocket man that's exactly it, thanks for help
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got there eventually
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