Excel formulae
50 / 1.1 = 45.4545, which may not be what you are looking for.
As you haven't told us what you want to do, my guess is that you are trying
to apply a 10% discount. If so, the formula is:
=50 * (1-10%) = 45.00
In the second formula, assuming you want to calculate a 20% discount, the
same formula applies:
=150 * (1-20%) = 125.00
Hope this helps. If not, post back with a specific request.
Regards,
Fred.
"anna" wrote in message
...
I need to work out discount rate from price
Example
50 divided by 1.1 gives me the correct result 45
But if I divide 150 by 1.2 instead of giving me 120 the result is 125
I need one formulae I dont want work out first the discount rate and
then
price - discount
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