View Single Post
  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Rick Rothstein \(MVP - VB\) Rick Rothstein \(MVP - VB\) is offline
external usenet poster
 
Posts: 2,202
Default Formula to determine selling price with cost known @ X margin?

I'm an engineer-type person, not a business-type person; but, as I
understand the terms, I think you want this...

=A1*(1+B1)

where A1 holds the price you paid for the item and B1 holds the margin as a
fraction (0.30 for 30%).

Rick


"rg2" wrote in message
...
I'm trying to create a formula in Excel to project a selling price of a
product using the margin I wish to make as the variable. Any help would be
greatly appreciated.
Thanks.