View Single Post
  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Eva Eva is offline
external usenet poster
 
Posts: 197
Default how to calculate billable rate using base rate and percentage

Hi
70/1.1765
so
70/1.1765 = 59.5
59.5*17.65%=10.51+59.5=70

--
Please click "yes" if this post helped you!

Greatly appreciated

Eva


"Felicia Pickett" wrote:

I have a billable rate of $70 with a mark up percentage of 17.65%. How do I
calculate the base rate?