I am trying to insert a formula to calculate a percentage of margin/markup.
Example cost = $7.00 divided by 30 % = $10.00. My cost is 7.00, my sale price
is 10.00. Can anyone help with this formula?
JethroUK? - 03 Jan 2005 17:51 GMT
profit =(Sale Price/Cost Price) -1
> I am trying to insert a formula to calculate a percentage of margin/markup.
> Example cost = $7.00 divided by 30 % = $10.00. My cost is 7.00, my sale price
> is 10.00. Can anyone help with this formula?
Gordon - 03 Jan 2005 17:55 GMT
> I am trying to insert a formula to calculate a percentage of margin/markup.
> Example cost = $7.00 divided by 30 % = $10.00. My cost is 7.00, my sale price
> is 10.00. Can anyone help with this formula?
There are two different measurements here.
Markup: =SP/CP % and
Margin: =(SP-CP)/CP %
Peo Sjoblom - 03 Jan 2005 18:01 GMT
Cost in A1, price in B1
markup is
=(B1-A1)/A1
or
=(B1/A1)-1
margin
=(B1-A1)/B1
or
=1-(A1/B1)
Regards,
Peo Sjoblom
Regards,
Peo Sjoblom
> I am trying to insert a formula to calculate a percentage of margin/markup.
> Example cost = $7.00 divided by 30 % = $10.00. My cost is 7.00, my sale price
> is 10.00. Can anyone help with this formula?