Formula Help
 

Looking for a formula that will calculate the sales price from the sales cost
and desired gross profit %
I know my labor cost is $25 and I know I want to retain a 75% gross profit
so my sale cost should be $100
What would the formula be if A1 was $25 and A2 was 75% what would the
formula be to have A3 show $100

Any help would be greatly appreciated!

Formula Help
 

=(a1)/(1-A2)
--Bruce

"rpalmer4" wrote:

Looking for a formula that will calculate the sales price from the sales cost
and desired gross profit %
I know my labor cost is $25 and I know I want to retain a 75% gross profit
so my sale cost should be $100
What would the formula be if A1 was $25 and A2 was 75% what would the
formula be to have A3 show $100

Any help would be greatly appreciated!

Formula Help
 

Thanks for your help!
"rpalmer4" wrote:

Looking for a formula that will calculate the sales price from the sales cost
and desired gross profit %
I know my labor cost is $25 and I know I want to retain a 75% gross profit
so my sale cost should be $100
What would the formula be if A1 was $25 and A2 was 75% what would the
formula be to have A3 show $100

Any help would be greatly appreciated!