maybe...

=ceiling(a7*$b$7*2.66%,.05)

Machel_C wrote:

Dave, the 2.66 is the multiplying factor I want to use. Here is what I have.
On one sheet I have costing for multiple products. On a second sheet I have
our multiplying factor to use for our costing. Lets say product A costs us
$2.50 to buy and our selling price is 2.66% markup. I want our markup
percentage to multiply by our cost and round to the nearest nickel for our
pricebooks. I dont want to have to create a 3rd sheet to do this.

"Dave Peterson" wrote:

It sounds like you want this:

=ceiling(a7*b7,.05)

I'm not sure where 2.66 comes from.

I would think that this formula would not go in B7--you'll end up with a
circular reference problem if you use it this way.

Machel_C wrote:

I am trying to multiply A7 by B7, I then want that result to round to the
nearest 0.05. This is what I have and it wont work.Or maybe it cant be done?
=(A7*2.66),Ceiling(B7,0.05)
This formula is in cell B7

Is it possible?
Any help greatful

--

Dave Peterson


--

Dave Peterson