Hi D,
To calculate the range penetration based on a percentage, you can use the following formula:
- = (Max Value - Min Value) * Percentage + Min Value
In your case, the minimum value is
$20 and the maximum value is
$50. If you want to pay
70% of the range penetration, you can plug in these values into the formula like this:
Formula:
= ($50 - $20) * 0.7 + $20
This will give you the result of
$38, which is 70% of the range penetration between $20 and $50.