Stock purchasing SS formula help needed.
 

Maybe a very basic point here but here goes.

I have £2000 to buy stock @£0.74 per item.

I am trying to make a formula that shows cost.

Example....

Money = £2000
Cost = £0.74
Units = 2702,702702702702.... Of course units come in whole amounts
so...
Units = 2702 (A. How can I make it average down to 2702)

Now, the second and most important problem I have.....

Total Cost = 2702*£0.74

BUT WHEN I DO THIS, it brings me back to £2000 instead of 1999.48.

How can I fix these issues?

Thanks


--
Madridbear
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Stock purchasing SS formula help needed.
 

=INT(A1/B1) or =ROUNDDOWN(A1/B1,0)

where A1=2000
B1=0.74

For total cost, format cell to Currency (or Decimal) with 2 decimal places

HTH

"Madridbear" wrote:


Maybe a very basic point here but here goes.

I have £2000 to buy stock @£0.74 per item.

I am trying to make a formula that shows cost.

Example....

Money = £2000
Cost = £0.74
Units = 2702,702702702702.... Of course units come in whole amounts
so...
Units = 2702 (A. How can I make it average down to 2702)

Now, the second and most important problem I have.....

Total Cost = 2702*£0.74

BUT WHEN I DO THIS, it brings me back to £2000 instead of 1999.48.

How can I fix these issues?

Thanks


--
Madridbear
------------------------------------------------------------------------
Madridbear's Profile: http://www.excelforum.com/member.php...o&userid=37645
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Stock purchasing SS formula help needed.
 

=int(2000/.74)=2702
2702*.74 = 1999.48 for me
=int(2000/.74)*2702= 1999.48 for me
all this is with cells set to general format
--
paul

remove nospam for email addy!



"Madridbear" wrote:


Maybe a very basic point here but here goes.

I have £2000 to buy stock @£0.74 per item.

I am trying to make a formula that shows cost.

Example....

Money = £2000
Cost = £0.74
Units = 2702,702702702702.... Of course units come in whole amounts
so...
Units = 2702 (A. How can I make it average down to 2702)

Now, the second and most important problem I have.....

Total Cost = 2702*£0.74

BUT WHEN I DO THIS, it brings me back to £2000 instead of 1999.48.

How can I fix these issues?

Thanks


--
Madridbear
------------------------------------------------------------------------
Madridbear's Profile: http://www.excelforum.com/member.php...o&userid=37645
View this thread: http://www.excelforum.com/showthread...hreadid=572563

Stock purchasing SS formula help needed.
 

Supposing 2702.702703 is in cell A3
you should use =FLOOR(A3,1) that will result in 2702
that can be multiplied by 0.74 to give 1999.48


--
raypayette


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