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excel percentages
Feels like a very embarrassing question to ask but here goes.
I have a number of sales for a year (C3), and a percentage increase on the previous year (C7). I need a formula to show the sales for that previous year. eg 105 and 5% would be 100. I know this is probably more a maths question than an excel question but I can't seem to get anything to work - I keep coming up with 99.75 rather than 100. Thanks for helping. |
excel percentages
One way:
=C3/(1+C7) In article , richard wrote: Feels like a very embarrassing question to ask but here goes. I have a number of sales for a year (C3), and a percentage increase on the previous year (C7). I need a formula to show the sales for that previous year. eg 105 and 5% would be 100. I know this is probably more a maths question than an excel question but I can't seem to get anything to work - I keep coming up with 99.75 rather than 100. Thanks for helping. |
excel percentages
Hi Richard,
Here is the logic for future reference: if y =100 and p= 5% and you want to know x x=y*p+y x=y*(p+1) but you know x and you want to know y so y*(p+1)=x y=x/(p+1) with your cell address this is =C3/(C7+1) -- Thanks, Shane Devenshire "richard" wrote: Feels like a very embarrassing question to ask but here goes. I have a number of sales for a year (C3), and a percentage increase on the previous year (C7). I need a formula to show the sales for that previous year. eg 105 and 5% would be 100. I know this is probably more a maths question than an excel question but I can't seem to get anything to work - I keep coming up with 99.75 rather than 100. Thanks for helping. |
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