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Logarithmic Retail Markup Worksheet
Hello,
I am having a lot of trouble trying to figure out a way to create a spreadsheet to automate my retail markup process. Here is what I am trying to do: Let's say for items costing me $1.00 I would like to have a 500% markup. A $3.00 item, a 300% markup. By the time an item reaches a cost of $50.00 I would like the markup to fall to around 100%. I am guessing this would involve some kind of logarithmic function, I am not sure. I would like to have a spreadsheet that allows me to adjust the properties of this curve by adjusting 1 or 2 cells, changing it's shape to find one that fits my needs. I have had some success, but the can never seem to adjust the rate of decay and its position in the curve as I would like. Could anyone offer a solution to my problem? It would be most appreciated. Best Regards, Fibonacci |
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