I am creating a retail price for our items. Problem is that I want the retail
price to end in either a .49 or .99. Example when I figure my retail pricing
off my cost it may come out to $6.74 and I would like to have a formula so
that it would automatically come out to $6.99 or if it was to $6.49 if is was
a lower number. Thanks!
T. Valko - 20 Mar 2008 03:19 GMT
Try this:
A1 = 6.74
=CEILING(A1+0.01,0.5)-0.01

Signature
Biff
Microsoft Excel MVP
>I am creating a retail price for our items. Problem is that I want the
>retail
[quoted text clipped - 4 lines]
> was
> a lower number. Thanks!
pdberger - 20 Mar 2008 03:23 GMT
Kris --
Here's one approach:
A B
1 number =CEILING(A1,0.5)-0.01
HTH
> I am creating a retail price for our items. Problem is that I want the retail
> price to end in either a .49 or .99. Example when I figure my retail pricing
> off my cost it may come out to $6.74 and I would like to have a formula so
> that it would automatically come out to $6.99 or if it was to $6.49 if is was
> a lower number. Thanks!
T. Valko - 20 Mar 2008 04:00 GMT
That formula will *round down* an integer and a decimal = to 0.5
A1 = 10
A1 = 1.5
Formula result = 9.99
Formula result = 1.49

Signature
Biff
Microsoft Excel MVP
> Kris --
>
[quoted text clipped - 14 lines]
>> was
>> a lower number. Thanks!
MartinW - 20 Mar 2008 07:55 GMT
Hi Kris,
Where you say,
> that it would automatically come out to $6.99 or if it was to $6.49 if is
> was
> a lower number. Thanks!
Do you mean you want it to round like this
6.74 or lower - round down to 6.49
6.75 and higher.- round up to 6.99
If that is the case try this,
=ROUND(A1/0.5,0)*0.5-0.01
HTH
Martin
>I am creating a retail price for our items. Problem is that I want the
>retail
[quoted text clipped - 4 lines]
> was
> a lower number. Thanks!
T. Valko - 20 Mar 2008 18:59 GMT
That is kind of confusing. I read it to mean:
.00 to .49 = round to .49
.50 to .99 = round to .99

Signature
Biff
Microsoft Excel MVP
> Hi Kris,
>
[quoted text clipped - 22 lines]
>> was
>> a lower number. Thanks!