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Default FORMULA HELP:

I will give you an example to best ask my question
I have a product that has a cost of 829.78 and i need to mark that up a
certain percentage. The way i do it on the calculator is i would do 829.78
Divided by .93 for 7 percent. For example in this calculation it would give
me 892.24. I would like a formula to automatically calculate at that rate in
the sheet. If you could help me out that would be greatly appreciated. The
unit prices are in Collumn E. Thanks for you help in this.
 
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