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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! |
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#2
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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! |
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#3
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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! |
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