Cost in A1, price in B1
markup is
=(B1-A1)/A1
or
=(B1/A1)-1
margin
=(B1-A1)/B1
or
=1-(A1/B1)
Regards,
Peo Sjoblom
Regards,
Peo Sjoblom
"Wardo" wrote:
I am trying to insert a formula to calculate a percentage of margin/markup.
Example cost = $7.00 divided by 30 % = $10.00. My cost is 7.00, my sale price
is 10.00. Can anyone help with this formula?
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