From your description & examples, I thought we were only dealing with dollars
& cents. From my further testing, it looks like only Sheeloo's second formula
works correctly. Here is a revised version of mine that also works:

=IF(MOD(CEILING(ROUND(A1,2),0.05)*100,10)<0.005,CE ILING(ROUND(A1,2),0.05)-0.01,CEILING(ROUND(A1,2),0.05))

Besides the need to round of the extra decimals, I saw that MOD was not
returning zero, but a very small value like 0.000000000000000567. Those two
factors caused the erroneous results in my previous formula.

Hutch

"GoBucks" wrote:

Tom your formula was close, but there were still a few rounding issues:

$3.40 remained $3.40
$2.50 became $2.55
$2.38 became $2.40

I'm guessing that I will need to truncate the original value at only two
decimal points and then see if the formula works. What would I need to do to
truncate the original value two only two decimal points? (e.g. 4.487563
becomes 4.49)

Thanks
"Tom Hutchins" wrote:

This isn't elegant, but seems to work:

=IF(MOD(CEILING(E4,0.05)*100,10)=0,CEILING(E4,0.05 )-0.01,CEILING(E4,0.05))

Hope this helps,

Hutch

"GoBucks" wrote:

I'm working on a pricing worksheet that calculates a product cost +
freight+margin to come up with a suggested product price. What I'd like to
be able to do is write a formula that converts all pricing to end with a 5 or
9. If the price already ends in a 5 or 9, nothing should change. If the
price ends in a 1,2,3 or 4, it should roundup to a 5. If the price ends in
6,7,8 it should round up to 9. If the pricing ends in zero, it should round
down to 9.

For instance:
$4.24 becomes $4.25
$3.26 becomes $3.29
$2.00 becomes $1.99

I'm guessing this will result in a doozy of a formula, but thought I'd
check.

Thanks in advance for your replies!