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formula help
I need help with a formula, I am hoping that someone else has done this, I
just can't seem to get it to work out for me. I would like to calulate a selling price for an item with a cost of x, plus two constant amounts, plus a minimum net profit on the item of 2% or .02x. Is this possible to calculate? Thanks, Mark |
formula help
Let's say the price is in A1, the first constant amount is in A2, the second
constant amount is in A3. Then =1.02*A1+A2+A3 is what you would use for 2% profit on price and =1.02*(A1+A2+A3) is what you would use for 2% profit on price plus constants -- Gary's Student "MarkT" wrote: I need help with a formula, I am hoping that someone else has done this, I just can't seem to get it to work out for me. I would like to calulate a selling price for an item with a cost of x, plus two constant amounts, plus a minimum net profit on the item of 2% or .02x. Is this possible to calculate? Thanks, Mark |
formula help
Hi Gary,
The price is my unknown, that is what I would like the formula to find for me, based on what I do have, which is the cost of the item, plus percentages of the price. e.g. Cost = X Constant = C Profit = .02X O/h = .27X the formula (in theory) would be X + C + .02X + .27X "Gary''s Student" wrote: Let's say the price is in A1, the first constant amount is in A2, the second constant amount is in A3. Then =1.02*A1+A2+A3 is what you would use for 2% profit on price and =1.02*(A1+A2+A3) is what you would use for 2% profit on price plus constants -- Gary's Student "MarkT" wrote: I need help with a formula, I am hoping that someone else has done this, I just can't seem to get it to work out for me. I would like to calulate a selling price for an item with a cost of x, plus two constant amounts, plus a minimum net profit on the item of 2% or .02x. Is this possible to calculate? Thanks, Mark |
formula help
=SUM(((A1+A2)+(A1*A3)+(A1*A4))) See if this what you are looking for. A1 is
Cost, A2 is Constant, A3 is %, A4 is %. "MarkT" wrote: I need help with a formula, I am hoping that someone else has done this, I just can't seem to get it to work out for me. I would like to calulate a selling price for an item with a cost of x, plus two constant amounts, plus a minimum net profit on the item of 2% or .02x. Is this possible to calculate? Thanks, Mark |
formula help
In your formula TC, you have the % based off of the cost of the item. What I
am looking for is % of the selling price, which is the unknown. I don't think this can be done?? "TC" wrote: =SUM(((A1+A2)+(A1*A3)+(A1*A4))) See if this what you are looking for. A1 is Cost, A2 is Constant, A3 is %, A4 is %. "MarkT" wrote: I need help with a formula, I am hoping that someone else has done this, I just can't seem to get it to work out for me. I would like to calulate a selling price for an item with a cost of x, plus two constant amounts, plus a minimum net profit on the item of 2% or .02x. Is this possible to calculate? Thanks, Mark |
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