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.
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