From one among the algebraically challenged masses:

P = -C/(GP-1) ?



"Ernst Guckel" wrote:

Hello,

Maybe I'm missing something but I am having a bit of trouble using excel
to solve an equation...

The Algebra is : GP = (P - C) / P

I know GP and I know C. I need to solve for P

GP is gross profit %
P is Price
C is Cost.

Anyone help me on this? Just drawing a blank...

Thanks,
Ernst.