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What is correct formula?
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Dave Peterson
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What is correct formula?
Don't forget to check your other thread, too.
wrote:
Can someone please explain me what is correct formula i excel.....I
need to markup or increase A1 for 30%
A1=16101.35
=A1*1.3 and that is 20931.75 (B1)
when I go to check =1-(A1/B1) i get 23%
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A1=16101.35
=A1/0.7 and that is 23001.93 (B1)
when I go to check =1-(A1/B1) i get 30%
So what is correct?
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