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#1
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how to calculate billable rate using base rate and percentage
I have a billable rate of $70 with a mark up percentage of 17.65%. How do I
calculate the base rate? |
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#2
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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? |
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#3
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how to calculate billable rate using base rate and percentage
(1+.1765)*X=70
X=70/(1.1765) X=59.50 Regards, Fred "Felicia Pickett" wrote in message ... I have a billable rate of $70 with a mark up percentage of 17.65%. How do I calculate the base rate? |
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#4
Posted to microsoft.public.excel.worksheet.functions
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how to calculate billable rate using base rate and percentage
=17.65%/(1+17.65%)*70
-- Regards, Ashish Mathur Microsoft Excel MVP www.ashishmathur.com "Felicia Pickett" wrote in message ... I have a billable rate of $70 with a mark up percentage of 17.65%. How do I calculate the base rate? |
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